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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%