Owens & Minor's Q3 Earnings Fall, Revenue Advances

MT Newswires Live
04 Nov 2024

Owens & Minor (OMI) reported Q3 adjusted net income Monday of $0.42 per share, down from $0.44 a year earlier.

Analysts polled by Capital IQ expected $0.41.

Consolidated revenue for the quarter ended Sept. 30 was $2.72 billion, up from $2.59 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.68 billion.

For 2024, Owens & Minor said it expects adjusted EPS of $1.45 to $1.55 on revenue of $10.6 billion to $10.8 billion. Analysts surveyed by Capital IQ expect $1.59 from a revenue of $10.71 billion.

Price: 13.46, Change: +0.10, Percent Change: +0.75

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