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Solventum Q2 Adjusted Earnings, Revenue Rise; Shares Gain After Hours

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Solventum (SOLV) reported Q2 adjusted diluted earnings late Wednesday of $2.55 per share, up from $1.69 a year earlier.

Analysts polled by FactSet expected $1.90.

Net sales in the three months ended June 30 rose to $2.21 billion from $2.16 billion a year earlier.

Analysts projected $2.15 billion.

The company raised full-year adjusted EPS guidance to $7.10 to $7.20 from the prior forecast of toward the upper end of the range of $6.40 to $6.60.

Analysts project $6.55.

Solventum shares rose 3.8% in after-hours trading.

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