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FX.co ★ Owens & Minor Q3 Earnings Summary

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typeContent_19130:::2024-11-04T11:45:00

Owens & Minor Q3 Earnings Summary

Here are the key financial highlights for Owens & Minor (OMI):

- **Earnings:** Owens & Minor reported a net loss of $12.77 million for the third quarter, compared to a net loss of $6.43 million in the same quarter of the previous year.

- **Earnings Per Share (EPS):** The EPS stood at a negative $0.17 in Q3, compared to a negative $0.08 in the same period last year. After adjusting for specific items, the company posted adjusted earnings of $33.2 million, translating to $0.42 per share for the period.

- **Analyst Expectations:** Analysts had anticipated earnings of $0.41 per share.

- **Revenue:** Q3 revenue increased to $2.721 billion from $2.592 billion in the same quarter of the previous year.

**Guidance:**

- **Full Year EPS Guidance:** The company projects earnings per share for the full fiscal year to be between $1.45 and $1.55.

- **Full Year Revenue Guidance:** Owens & Minor forecasts its full year revenue to range from $10.6 billion to $10.8 billion.

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