Bausch + Lomb Corporation (BLCO) Reports In-Line Q1 EPS, raises guidance

Bausch + Lomb Corporation (NYSE: BLCO) reported Q1 EPS of $0.07, in-line with the analyst estimate of $0.07. Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $1.06 billion.

2024 Financial Outlook
Bausch + Lomb guidance for full-year 2024 is as follows:

Raising full-year 2024 constant currency revenue growth1 guidance from 12-14% to 13-15%4
Full-year revenue range of $4.600 – $4.700 billion, versus the consensus of $4.659 billion.
Full-year Adjusted EBITDA (non-GAAP)1 range of $840 – $890 million
Foreign exchange revenue headwinds now expected to be approximately $90 million for the full year, previously approximately $40 million4

For earnings history and earnings-related data on Bausch + Lomb Corporation (BLCO) click here.

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