After spiking in the first quarter of 2024, inflation has been weakening from April. In fact, per the June data, the annual rate of inflation dropped to its lowest level in more than two years, raising hopes of a rate cut in September. This bodes well as low interest rates improve consumer outlays, decrease the cost of borrowings and, in turn, boost economic growth. Additionally, second-quarter quarter earnings have been impressive so far, with many companies reporting better-than-expected earnings per share. Given this brightening scenario, investors would like to design a winning portfolio of stocks for impressive returns. One way to do so is by following broker advice. Stocks like ADTRAN (NASDAQ: ADTN ), Bread Financial (NYSE: BFH ), Owens & Minor (NYSE: OMI ), Bally''s Corporation (NYSE: BALY ) and AMC Networks (NASDAQ: AMCX ) are worth monitoring. We have designed a screen to shortlist stocks based on improving broker recommendations and upward revisions in earnings estimates over the past four weeks.

Owens & Minor, Inc. (NYSE:NYSE:OMI) Q2 2024 Earnings Conference Call August 2, 2024 8:30 AM ETCompany ParticipantsJackie Marcus - IREd Pesicka - CEOJon…

Owens & Minor (NYSE: OMI ) just reported results for the second quarter of 2024. Owens & Minor reported earnings per share of 36 cents. This was above the analyst estimate for EPS of 31 cents. The company reported revenue of $2.67 billion. This was 1.02% better than the analyst estimate for revenue of $2.64 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 OMI Stock Earnings: Owens & Minor Beats EPS, Beats Revenue for Q2 2024 appeared first on InvestorPlace .

On Friday, Owens & Minor Inc. (NYSE: OMI ) reported that the second quarter of 2024 adjusted EPS of $0.36, double the $0.18 reported a year ago, beating the consensus of $0.33 . The company reported sales of $2.671 billion, up 4% year-over-year, almost in line with the consensus of $2.646 billion . Patient Direct revenue of $660 million, up 4% compared to the second quarter of 2023, driven by continued strong growth in diabetes and sleep supplies. Related: Healthcare Logistics Service Firm Owens & Minor To Buy Home-Based Care Equipment Firm For $1.4B, Sees … Full story available on Benzinga.com

Owens & Minor (OMI) has provided an update. On August 2, 2024, the Company made its earnings presentation available to the public via the Investor …

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Owens & Minor, Inc. (NYSE: OMI) today reported financial results for the second quarter ended June 30, 2024. Key Highlights: Consolidated revenue of $2.7 billion in the second quarter, representing year-over-year growth of 4% Net loss of $(32) million or $(0.42) per share in the second quarter Adjusted EBITDA of $127 million in the second quarter, representing year-over-year growth Jetzt den vollständigen Artikel lesen

Owens & Minor Q2 results: Revenue up 4%, adjusted EPS doubles. Despite net loss, strong cash flow enables debt reduction. Learn about the healthcare company''s performance and strategic acquisition.

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The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Owens & Minor, Inc. (“Owens & Minor” or “the Company”) (NYSE: OMI) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Jetzt den vollständigen Artikel lesen