05:05 PM EST, 11/07/2024 (MT Newswires) -- Solventum ( SOLV ) reported Q3 non-GAAP earnings late Thursday of $1.64 per share, down from $2.87 a year earlier.

Analysts polled by Capital IQ expected $1.39.

Net sales in the three months ended Sept. 30 rose to $2.08 billion from $2.07 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.06 billion.

The company increased 2024 adjusted EPS guidance to the range of $6.50 to $6.65 from $6.30 to $6.50. Analysts surveyed by Capital IQ expect $6.38.

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