Zacks Research Comments on Bausch Health Companies Inc.'s Q1 2024 Earnings (TSE:BHC)

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Bausch Health Companies Inc. (TSE:BHC - Free Report) - Zacks Research upped their Q1 2024 earnings per share (EPS) estimates for shares of Bausch Health Companies in a research report issued to clients and investors on Tuesday, April 2nd. Zacks Research analyst R. Department now anticipates that the company will post earnings of $1.05 per share for the quarter, up from their previous forecast of $1.04. The consensus estimate for Bausch Health Companies' current full-year earnings is $4.97 per share. Zacks Research also issued estimates for Bausch Health Companies' Q4 2025 earnings at $1.54 EPS and FY2025 earnings at $5.35 EPS.

Bausch Health Companies (TSE:BHC - Get Free Report) last announced its earnings results on Thursday, February 22nd. The company reported C$1.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of C$1.36 by C$0.19. Bausch Health Companies had a negative return on equity of 686.52% and a negative net margin of 6.76%. The company had revenue of C$3.28 billion for the quarter, compared to analyst estimates of C$3.05 billion.

Separately, Royal Bank of Canada boosted their price target on Bausch Health Companies from C$8.00 to C$9.00 and gave the company a "sector perform" rating in a report on Friday, February 23rd.

View Our Latest Stock Report on BHC


Bausch Health Companies Stock Up 0.2 %

Shares of BHC traded up C$0.03 during trading on Thursday, reaching C$13.63. The company's stock had a trading volume of 372,117 shares, compared to its average volume of 339,398. Bausch Health Companies has a twelve month low of C$7.56 and a twelve month high of C$15.43. The company has a quick ratio of 0.58, a current ratio of 1.30 and a debt-to-equity ratio of 7,583.76. The company has a market cap of C$4.98 billion, a price-to-earnings ratio of -6.20, a P/E/G ratio of 0.21 and a beta of 0.83. The company has a fifty day moving average of C$12.27 and a two-hundred day moving average of C$10.96.

Bausch Health Companies Company Profile

(Get Free Report)

Bausch Health Companies Inc operates as a diversified specialty pharmaceutical and medical device company in the United States and internationally. It develops, manufactures, and markets a range of products primarily in gastroenterology, hepatology, neurology, dermatology, international pharmaceuticals, over-the-counter (OTC) products, aesthetic medical devices, and eye health.

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Earnings History and Estimates for Bausch Health Companies (TSE:BHC)

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