Published on 3 May 2024 on Zacks via Yahoo Finance
Bausch (BHC) Q1 Earnings and Revenues Miss, Shares Fall
Bausch Health Companies Inc. BHC reported lower-than-expected first-quarter results. The company’s adjusted earnings per share of 59 cents missed the Zacks Consensus Estimate of 75 cents. The reported figure, however, increased from 52 cents in the year-ago quarter due to higher revenues.
Total revenues of $2.15 billion were up 11% year over year. The top line, however, missed the Zacks Consensus Estimate of $2.18 billion.