Bausch + Lomb Shares Up 3.8% on Upgraded Full-Year Targets

1 min read

By Adriano Marchese


Bausch + Lomb shares rose Wednesday morning after the company raised its expectations for full-year revenue and adjusted Ebitda.

At 10:04 a.m. ET, shares trading in Toronto were 3.8% higher at 23.10 Canadian dollars ($16.65).

The Canadian eye-health company said it now expects full-year revenue to be higher than previously forecasted, setting a new range to $4.04 billion and $4.09 billion, representing a constant-currency growth of 9.5% and 10.5%.

Originally the company had set revenue targets between $3.95 billion and $4 billion.

The company’s expectations for adjusted earnings before interest, taxes, depreciation and amortization has also been upgraded to be between $710 million and $760 million compared with a previous expectation of $700 million and $750 million.

Foreign exchange headwinds are expected to be worse than previously thought. The company expects to incur a hit of $85 million to revenue and $55 million to adjusted Ebitda.

Previously, the company had forecasted the headwinds to negatively affect revenue by $50 million and adjusted Ebitda by $35 million.


Write to Adriano Marchese at [email protected]


Read the full article here

Leave a Reply

Your email address will not be published.

Previous Story

Opinion: The world needs Biden and Xi to lead, even with U.S.-China relations on the edge

Next Story

Bond ETFs trade higher after Fed statement, Powell’s remarks

Latest from Investment

مشاهير العرب سكس arabpornsamples.com زبر نايم
قصص ن realarabporn.com انجلا وايت
little pussy analpornstars.info chut land ki film
old movies telugu fuckmetube.mobi sapna rathi sex
pandaniku youhentai.org cbt hentai
xx com indian indianpornfeed.com bf vs gf
bf sex sex sex hqtube.mobi husband wife sexy video
desi sex video tumblr sexozavr.com animal fuck women
marathi blue film com xxx-tube-list.info xixxx video
bed room xnxx prontv.mobi real chut image
ytmp4 eroanal.net bhojpuri sexy
fpo xxx indiandesiclips.com nepal call girl
xvideo wwe gotporn.mobi www.indianxnxx
sex videos sunny leone erofreeporn.net hot malayalam actress navel pictures
presyo ng mga bilihin onlineteleserye.com love revolution season 2