Bausch Health Companies Inc reports results for the quarter ended in June - Earnings Summary

Bausch Health Companies

04/08/2023 24:06

* Bausch Health Companies Inc  BHC.TO  reported quarterly
adjusted
earnings of 82 cents​​ per share for the quarter ended in June.
The mean expectation of five analysts for the quarter was
for earnings of 76 cents per share.
    * Revenue rose 10.2% to $2.17 billion from a year ago;
analysts
expected $2.08 billion. 
    * Bausch Health Companies Inc's reported EPS for the quarter
was 7
cents​.
    * The mean earnings estimate of analysts had fallen by
about 7.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Bausch Health Companies Inc shares had risen by 17.6% this
quarter and gained 46.7% so far this year.
    * The company reported quarterly net income of $26 million.
    * Wall Street's median 12-month price target for Bausch
Health
Companies Inc is $8.75 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 11:05 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.76           0.82           Beat
 Mar. 31 2023      0.72           0.52           Missed
 Dec. 31 2022      0.91           1.03           Beat
 Sep. 30 2022      0.87           0.76           Missed