Bausch Health Companies Inc expected to post earnings of $1.00 a share - Earnings Preview

Bausch Health Companies

20/02/2024 13:57

* Bausch Health Companies Inc  BHC.TO   is expected to show
a rise
in quarterly revenue when it reports  results on February 22 for
the period ending December 31 2023
    * The Laval Quebec-based  company is expected to report a
4.8% increase in revenue to $2.299 billion from $2.19 billion a
year ago, according to the mean estimate from 5 analysts, based
on LSEG data. (Majority is on Total Revenue basis)
    * ​LSEG's mean analyst estimate for Bausch Health Companies
Inc is
for earnings of $1.00 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "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 Bausch
Health
Companies Inc is $8.75​, below​ its last closing price
of C$11.48. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.92        0.90       1.02      Beat    13.9
 Jun. 30 2023  0.76        0.76       0.82      Beat    7.6
 Mar. 31 2023  0.73        0.72       0.52      Missed  -27.6​
 Dec. 31 2022  0.92        0.91       1.03      Beat    13.7
 ​​Sep.        0.84        0.87       0.76      Missed  -12.6
 30 2022                                                
 Jun. 30 2022  0.89        0.89       0.56      Missed  -37.3​
 Mar. 31 2022  1.00        1.03       0.73      Missed  -28.9
 Dec. 31 2021  1.12        1.11       1.28      Beat    15
 This summary was machine generated February 20 at 13:57 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)