earnings
confidence high
sentiment neutral
materiality 0.60
Owens & Minor reports preliminary Q2 GAAP net loss $0.42-0.46/share, adj. EPS $0.32-$0.36; reaffirms FY guidance
ACCENDRA HEALTH INC/VA/
2024-Q2 EPS reported
-$0.70
revenue$5,283,686,000
- Revenue $2,651-$2,671M; GAAP net loss per share $(0.42)-$(0.46); adjusted EPS $0.32-$0.36.
- One-time income tax charge of $17M ($0.22/share) from transfer pricing dispute; expected cash payment $30-$35M in H2 2024.
- Full-year 2024 outlook reaffirmed: revenue $10.5-$10.9B, adj. EBITDA $550-$590M, adj. EPS $1.40-$1.70.
- Adjusted EBITDA $123-$127M; operating cash flow $111-$116M; net debt reduction $68-$71M.
- Full Q2 results to be released on August 2, 2024, before NYSE open.