We recently compiled a list of the Oppenheimer’s Favorite Stocks For Next 12 Months: Top 32 Stock Picks. In this article, we are going to take a look at where Alcon Inc. (NYSE:ALC) stands against Oppenheimer’s other favorite stocks for the next 12 months. The tail end of August is appearing to turn a fresh […]

https://www.investing.com/news/stock-market-news/earnings-call-alcon-maintains-steady-growth-with-strategic-investments-93CH-3583744

Alcon Inc. (NYSE: ALC ) reported mixed second-quarter results, after the closing bell on Tuesday. Alcon reported quarterly earnings of 74 cents per share which beat the analyst consensus estimate of 73 cents per share. The company reported quarterly sales of $2.48 billion which missed the analyst consensus estimate of $2.52 billion. “We are pleased with our solid second-quarter results, which were driven by robust demand for our innovative products, our balanced geographic footprint and strong execution by our team. These factors contributed to another quarter of sales and earnings growth and robust cash generation,” said David J. Endicott, Alcon’s Chief Executive Officer. “As we look to the second half of the … Full story available on Benzinga.com

https://www.investing.com/news/company-news/alcon-shares-get-a-boost-as-mizuho-raises-price-target-93CH-3582941

Alcon CEO David Endicott comments on the company''s second-quarter results.

Alcon, Inc. (NYSE: ALC ) delivered core earnings per share of 74 cents in the second quarter of 2024, up 7.2% from the year-ago quarter''s figure (up 15% at the constant exchange rate or CER). The figure came in line with the Zacks Consensus Estimate. Alcon reports ‘core'' results based on non-IFRS (International Financial Reporting Standards) measures. In the second quarter, the company''s diluted EPS was 45 cents, up 32.4% year over year. Revenues in Detail Alcon''s net sales to third parties in the second quarter were $2.48 billion, which missed the Zacks Consensus Estimate by 1.4%. However, the top line increased by 3.3% from the year-ago quarter''s levels (up 6% at CER). Quarter in Detail Alcon reports operations through two segments — Surgical (comprising Implantables, Consumables and Equipment/Other) and Vision Care (comprising Contact Lenses and Ocular Health). Surgical In the second quarter of 2024, Surgical sales amounted to $1.42 billion, up 3% year over year and 6% at CER. Our model projected the segment''s growth to be 3.5% versus the prior year.

Alcon Inc. (NYSE:NYSE:ALC) Q2 2024 Earnings Conference Call August 21, 2024 8:00 AM ETCompany ParticipantsDan Cravens - Vice President, Investor…

https://www.investing.com/news/stock-market-news/alcon-shares-drop-on-earnings-miss-3580600

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Alcon (NYSE: ALC ) just reported results for the second quarter of 2024. Alcon reported earnings per share of 74 cents. This was above the analyst estimate for EPS of 73 cents. The company reported revenue of $2.48 billion. This was 1.51% worse than the analyst estimate for revenue of $2.52 billion. InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at [email protected]. More From InvestorPlace Legendary Investor Predicts: “Forget AI… THIS Technology Is the Future” The post ALC Stock Earnings: Alcon Beats EPS, Misses Revenue for Q2 2024 appeared first on InvestorPlace .