SOLV Stock Gains as Q3 Earnings & Sales Beat Estimates, '24 View Up
Solventum Corporation(SOLV) ZACKS·2024-11-08 22:31
Solventum (SOLV) reported third-quarter 2024 adjusted earnings per share of $1.64, which beat the Zacks Consensus Estimate of $1.38 by 18.1%. The bottom line declined 42.9% year over year.GAAP EPS in the quarter was 70 cents, down 73.7% from the year-ago quarter’s level.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Revenue DetailsThe company reported revenues of $2.08 billion, up 0.4% reportedly from the prior-year recorded number. Organically, sales were up 0.3%. The metric beat ...