Bausch + Lomb Reports Q1 Revenue Beat But Misses on Guidance
Bausch + Lomb Corporation (NYSE:BLCO) posted its Q1 earnings results yesterday, with EPS of $0.10 coming in below the Street estimate of $0.14. However, revenue of $931 million beat the Street estimate of $895.84 million.
The company provided its outlook on the full 2023 year, expecting revenue to be in the range of $3.9-3.95 billion, compared to the Street estimate of $5.32 billion.
The company expects organic growth of approximately 5-6% year-over-year for 2023, compared to 5% growth in 2022 and 8% growth in Q1/23.
| Symbol | Price | %chg |
|---|---|---|
| 7741.T | 17195 | 0.87 |
| OMED.JK | 167 | -0.6 |
| 4543.T | 2722 | 2.22 |
| MARK.JK | 900 | 1.11 |
Bausch + Lomb Reports Q1 Revenue Beat But Misses on Guidance
Bausch + Lomb Corporation (NYSE:BLCO) posted its Q1 earnings results yesterday, with EPS of $0.10 coming in below the Street estimate of $0.14. However, revenue of $931 million beat the Street estimate of $895.84 million.
The company provided its outlook on the full 2023 year, expecting revenue to be in the range of $3.9-3.95 billion, compared to the Street estimate of $5.32 billion.
The company expects organic growth of approximately 5-6% year-over-year for 2023, compared to 5% growth in 2022 and 8% growth in Q1/23.
