Owens & minor reports q1 adjusted earnings per share $0.08

Owens & minor reports 1st quarter financial results.sees fy 2020 adjusted earnings per share $0.50 to $0.60.q1 adjusted earnings per share $0.08.q1 earnings per share estimate $0.04 -- refinitiv ibes data.confirms earnings guidance for year.expect q2 to be very challenging due to significant reduction in elective procedures.re-confirm full year adjusted eps guidance of $0.50 to $0.60.qtrly revenue $2.12 billion versus $2.35 billion.reduction in surgical procedures will negatively impact revenue and profit for q2.approved q2 2020 dividend payment of $0.0025 per share, payable on june 30, 2020.elective procedures are assumed to recover at an accelerated rate during q3 and q4 of 2020.owens & minor- significant reduction in elective surgical procedures, which began mid-march, is expected to continue through end of the 2nd quarter.owens & minor - expects to continue production of americas based ppe at or near full capacity through end of 2020.owens & minor- reduction in surgical procedures will negatively impact our revenue and profit for q2.believes that it remains positioned to deliver sustained double-digit earnings growth beyond 2020.q1 revenue view $2.09 billion -- refinitiv ibes data.fy2020 earnings per share view $0.54 -- refinitiv ibes data.
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