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Bausch + Lomb's Q2 Adjusted Earnings Decline, Revenue Increases; 2024 Sales Outlook Revised
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Bausch + Lomb's Q2 Adjusted Earnings Decline, Revenue Increases; 2024 Sales Outlook Revised
Jul 31, 2024 6:47 AM

09:19 AM EDT, 07/31/2024 (MT Newswires) -- Bausch + Lomb ( BLCO ) reported Q2 adjusted earnings Wednesday of $0.13 per share, down from $0.18 a year earlier.

Analysts polled by Capital IQ expected $0.13.

Revenue for the quarter ended June 30 was $1.22 billion, up from $1.04 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.17 billion.

The company said it now expects 2024 revenue of $4.70 billion to $4.80 billion, compared with its prior guidance of between $4.60 billion and $4.70 billion.

Analysts polled by Capital IQ expect $4.66 billion.

Shares of the company were up 2.1% in recent Wednesday premarket activity.

Price: 17.22, Change: +0.35, Percent Change: +2.07

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