Published on 21 Feb 2024 on Zacks via Yahoo Finance
Avanos (AVNS) Q4 Earnings Lag Estimates, Margins Contract
Avanos Medical, Inc. AVNS reported fourth-quarter 2023 adjusted earnings per share (EPS) from continuing operations of 36 cents, down 20% year over year. The bottom line missed the Zacks Consensus Estimate by a penny.
GAAP EPS from continuing operations in the quarter under review was 24 cents, up 14.3% year over year.
Full-year adjusted EPS was $1.03, up 3% compared with that at the end of the comparable 2022 period. The figure lagged the Zacks Consensus Estimate by 0.9%.