We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Insights Into Bausch (BHC) Q4: Wall Street Projections for Key Metrics
Read MoreHide Full Article
Wall Street analysts forecast that Bausch Health (BHC - Free Report) will report quarterly earnings of $1.01 per share in its upcoming release, pointing to a year-over-year decline of 1%. It is anticipated that revenues will amount to $2.25 billion, exhibiting an increase of 2.4% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has been revised 1.3% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Bearing this in mind, let's now explore the average estimates of specific Bausch metrics that are commonly monitored and projected by Wall Street analysts.
The average prediction of analysts places 'Revenues- Solta Medical' at $95.07 million. The estimate indicates a change of -4% from the prior-year quarter.
The combined assessment of analysts suggests that 'Revenues- International' will likely reach $263.68 million. The estimate suggests a change of +1% year over year.
Based on the collective assessment of analysts, 'Revenues- Total Bausch + Lomb revenues' should arrive at $1.06 billion. The estimate indicates a year-over-year change of +6.2%.
It is projected by analysts that the 'Revenues- Salix' will reach $602.85 million. The estimate indicates a year-over-year change of +3.8%.
Analysts forecast 'Revenues- Diversified Products' to reach $232.84 million. The estimate points to a change of -9.1% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Revenues- Bausch + Lomb - Ophthalmic Pharmaceuticals' of $189.34 million. The estimate points to a change of +4% from the year-ago quarter.
Analysts' assessment points toward 'Revenues- Bausch + Lomb - Vision Care' reaching $678.26 million. The estimate points to a change of +8.4% from the year-ago quarter.
The consensus among analysts is that 'Revenues- Bausch + Lomb - Surgical' will reach $200.31 million. The estimate indicates a year-over-year change of +6.6%.
Shares of Bausch have demonstrated returns of +4.4% over the past month compared to the Zacks S&P 500 composite's +5.2% change. With a Zacks Rank #2 (Buy), BHC is expected to beat the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Insights Into Bausch (BHC) Q4: Wall Street Projections for Key Metrics
Wall Street analysts forecast that Bausch Health (BHC - Free Report) will report quarterly earnings of $1.01 per share in its upcoming release, pointing to a year-over-year decline of 1%. It is anticipated that revenues will amount to $2.25 billion, exhibiting an increase of 2.4% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has been revised 1.3% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Bearing this in mind, let's now explore the average estimates of specific Bausch metrics that are commonly monitored and projected by Wall Street analysts.
The average prediction of analysts places 'Revenues- Solta Medical' at $95.07 million. The estimate indicates a change of -4% from the prior-year quarter.
The combined assessment of analysts suggests that 'Revenues- International' will likely reach $263.68 million. The estimate suggests a change of +1% year over year.
Based on the collective assessment of analysts, 'Revenues- Total Bausch + Lomb revenues' should arrive at $1.06 billion. The estimate indicates a year-over-year change of +6.2%.
It is projected by analysts that the 'Revenues- Salix' will reach $602.85 million. The estimate indicates a year-over-year change of +3.8%.
Analysts forecast 'Revenues- Diversified Products' to reach $232.84 million. The estimate points to a change of -9.1% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Revenues- Bausch + Lomb - Ophthalmic Pharmaceuticals' of $189.34 million. The estimate points to a change of +4% from the year-ago quarter.
Analysts' assessment points toward 'Revenues- Bausch + Lomb - Vision Care' reaching $678.26 million. The estimate points to a change of +8.4% from the year-ago quarter.
The consensus among analysts is that 'Revenues- Bausch + Lomb - Surgical' will reach $200.31 million. The estimate indicates a year-over-year change of +6.6%.
View all Key Company Metrics for Bausch here>>>
Shares of Bausch have demonstrated returns of +4.4% over the past month compared to the Zacks S&P 500 composite's +5.2% change. With a Zacks Rank #2 (Buy), BHC is expected to beat the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>