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Solventum Q1 Adjusted Earnings Decline, Net Sales Increase
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Solventum Q1 Adjusted Earnings Decline, Net Sales Increase
May 9, 2024 5:00 AM

07:38 AM EDT, 05/09/2024 (MT Newswires) -- Solventum ( SOLV ) reported Q1 adjusted earnings Thursday of $2.08 per diluted share, down from $2.19 a year earlier.

Two analysts surveyed by Capital IQ expected $1.75.

Net sales for the quarter ended March 31 was $2.02 billion, up from $2.01 billion a year earlier.

An analyst surveyed by Capital IQ expected $1.97 billion.

For full-year 2024, the company continues to expect adjusted EPS of $6.10 to $6.40. Three analysts polled by Capital IQ are expecting $6.27.

Price: 66.86, Change: +0.43, Percent Change: +0.65

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