Owens & Minor Inc expected to post earnings of 18 cents a share - Earnings Preview

Accendra Health

01/05/2024 14:40

* Owens & Minor Inc  OMI.N   OMI  is expected to show a rise
in
quarterly revenue when it reports  results on May 3 for the
period ending March 31 2024
    * The Mechanicsville Virginia-based  company is expected to
report
a 3.4% increase in revenue to $2.61 billion from $2.52 billion a
year ago, according to the mean estimate from 6 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Owens & Minor Inc is for
earnings of 18 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Owens &
Minor Inc
is $25.50​, above​ its last closing price of $24.74. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.66        0.66       0.69      Beat    3.9
 Sep. 30 2023  0.38        0.37       0.44      Beat    17.5
 Jun. 30 2023  0.18        0.18       0.18      Met     1.8​
 Mar. 31 2023  -0.09       -0.09      0.05      Beat    154.5
 ​​Dec.        0.41        0.40       0.28      Missed  -30.2
 31 2022                                                
 Sep. 30 2022  0.39        0.39       0.41      Beat    4.4​
 Jun. 30 2022  0.75        0.76       0.76      Met     0
 Mar. 31 2022  0.82        0.82       0.96      Beat    16.6
 This summary was machine generated May 1 at 13:40 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)