Bausch + Lomb beats Q4 profit and revenue estimates

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Bausch + Lomb beats Q4 profit and revenue estimates
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Bausch + Lomb Corp. said Wednesday it had a loss of $1 million, or breakeven on a per-share basis, for the fourth quarter, after earnings of $51 million, or...

Bausch + Lomb Corp.

said Wednesday it had a loss of $1 million, or breakeven on a per-share basis, for the fourth quarter, after earnings of $51 million, or 15 cents a share, in the year-earlier period. The company, which went public in May when it was spun out of Bausch Health, said adjusted per-share earnings came to 23 cents, a penny ahead of the 22 cent FactSet consensus. Revenue fell to $996 million from $1.001 billion a year ago, also ahead of the $967 million FactSet consensus.

said Wednesday it had a loss of $1 million, or breakeven on a per-share basis, for the fourth quarter, after earnings of $51 million, or 15 cents a share, in the year-earlier period. The company, which went public in May when it was spun out of Bausch Health, said adjusted per-share earnings came to 23 cents, a penny ahead of the 22 cent FactSet consensus. Revenue fell to $996 million from $1.001 billion a year ago, also ahead of the $967 million FactSet consensus.

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