Alcon (NYSE:ALC) reported its Q4 earnings results on Tuesday, February 15, 2022 at 04:30 PM.
Here's what investors need to know about the announcement.
Earnings
Alcon beat estimated earnings by 14.29%, reporting an EPS of $0.56 versus an estimate of $0.49.
Revenue was up $209.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 5.29% drop in the share price the next day.
Here's a look at Alcon's past performance:
Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
---|---|---|---|---|---|
EPS Estimate | 0.49 | 0.49 | 0.45 | 0.45 | 0.41 |
EPS Actual | 0.56 | 0.54 | 0.56 | 0.49 | 0.41 |
Revenue Estimate | 2.04B | 2.04B | 1.96B | 1.92B | 1.89B |
Revenue Actual | 2.13B | 2.08B | 2.09B | 1.91B | 1.93B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Alcon management provided guidance for their next quarter, expecting earnings between $2.35 and $2.45 per share for the next quarter.
This represents a 328.57% in quarter-over-quarter growth for Alcon, a bullish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.