Bausch + Lomb Q3 adjusted EPS $0.34 vs. $0.22 estimate
BLCO•Bausch + Lomb reported third-quarter adjusted EPS of $0.34, compared with an estimate of $0.22. It reported revenue of $119 million and forecast full-year revenue of $5.45 billion to $5.55 billion.
1. Quarterly results and outlook
Bausch + Lomb reported third-quarter operating income of $155 million, EPS of $0.09, net income of $32 million and adjusted EBITDA of $325 million, compared with an estimate of $272.6 million. Adjusted net income was $123 million, versus an estimate of $79.4 million; revenue was $119 million, compared with an estimate of $1.373 billion. The company forecast full-year revenue of $5.45 billion to $5.55 billion and adjusted EBITDA of $1.09 billion to $1.14 billion.
