$ALC

2 stories mentioning ALCUpdated 50d ago

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Correction: Update: Alcon Shares Fall After Q1 Revenue Miss

(Corrects to remove Q1 after the company name in the headline.)Alcon (ALC) shares were down more than 11% in Thursday trading after the company reported Q1 revenue that trailed analyst estimates.The company reported Q1 core earnings late Tuesday of $0.85 per diluted share, up from $0.73 a year earlier.Analysts polled by FactSet expected $0.81.Revenue for the three months ended March 31 was $2.69 billion, up from $2.45 billion a year earlier.Analysts surveyed by FactSet expected $2.70 billion.For the full-year 2026, the company now expects core EPS growth of 10% to 13% from 9% to 12% earlier. It reiterated its revenue growth outlook of 5% to 7%.Price: $65.79, Change: $-8.31, Percent Change: -11.21%

$ALC

Wire55d ago

Update: Alcon Q1 Shares Fall After Q1 Revenue Miss

(Updates with share movement in the headline and the first paragraph.)Alcon (ALC) shares were down nearly 11% in Thursday trading after the company reported Q1 revenue that trailed analyst estimates.The company reported Q1 core earnings late Tuesday of $0.85 per diluted share, up from $0.73 a year earlier.Analysts polled by FactSet expected $0.81.Revenue for the three months ended March 31 was $2.69 billion, up from $2.45 billion a year earlier.Analysts surveyed by FactSet expected $2.70 billion.For the full-year 2026, the company now expects core EPS growth of 10% to 13% from 9% to 12% earlier. It reiterated its revenue growth outlook of 5% to 7%.Price: $66.24, Change: $-7.86, Percent Change: -10.60%

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