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Kritika Sarmah

Here's What to Expect From Solventum’s Next Earnings Report

Mỹ Solventum Solv

With a market cap of $11.5 billion, Solventum Corporation (SOLV) is a U.S.-based healthcare company that was spun off from 3M on April 1, 2024. Headquartered in Maplewood, Minnesota, Solventum focuses on delivering innovative solutions across various healthcare segments.

The next-gen care leader is expected to announce its first-quarter results on Thursday, May 8. Ahead of the event, analysts expect SOLV to report a non-GAAP profit of $1.19 per share, down 42.8% from $2.08 per share in the year-ago quarter. The company has a mixed earnings surprise history. It has surpassed Wall Street’s earnings estimates three of the past three quarters while missing on one other occasion.

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