Alcon AG reports results for the quarter ended December 31 - Earnings Summary

• Alcon AG ALCC.S reported quarterly adjusted earnings of 78 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 72 cents. The mean expectation of sixteen analysts for the quarter was for earnings of 78 cents per share. Wall Street expected results to range from 71 cents to 81 cents per share.

• Revenue rose 9.1% to $2.70 billion from a year ago; analysts expected $2.72 billion.

• Alcon AG's reported EPS for the quarter was 44 cents​.

• The company reported quarterly net income of $217 million.

• Alcon AG shares had risen by 6.8% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.2% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell."

• Wall Street's median 12-month price target for Alcon AG is $95.85, about 12.2% above its last closing price of $84.13

This summary was machine generated from LSEG data February 25 at 09:01 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)