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Owens & Minor Q3 2023 Earnings Report

Owens & Minor logo
$12.52 -0.10 (-0.79%)
(As of 12/20/2024 05:45 PM ET)

Owens & Minor EPS Results

Actual EPS
$0.44
Consensus EPS
$0.38
Beat/Miss
Beat by +$0.06
One Year Ago EPS
$0.41

Owens & Minor Revenue Results

Actual Revenue
$2.59 billion
Expected Revenue
$2.58 billion
Beat/Miss
Beat by +$14.20 million
YoY Revenue Growth
+3.80%

Owens & Minor Announcement Details

Quarter
Q3 2023
Time
Before Market Opens

Conference Call Resources

Conference Call Audio

Slide Deck

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Owens & Minor Earnings Headlines

Owens & Minor Inc (OMI) Trading Down 4.14% on Dec 5
Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
J.P. Morgan Keeps Their Sell Rating on Owens & Minor (OMI)
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About Owens & Minor

Owens & Minor (NYSE:OMI), together with its subsidiaries, operates as a healthcare solutions company worldwide. It operates through Products & Healthcare Services and Patient Direct segments. The Products & Healthcare Services segment offers a portfolio of products and services to healthcare providers and manufacturers. Its portfolio of medical and surgical supplies includes branded products and its proprietary products. This segment also offers services to healthcare providers, including supplier management, analytics, inventory management, and clinical supply management; and various programs to provide outsourced logistics and marketing solutions to its suppliers. The Patient Direct segment provides products and services for in-home care and delivery across diabetes treatment, home respiratory therapy, and obstructive sleep apnea treatment. This segment supplies a range of other home medical equipment, patient care products, including ostomy, wound care, urology, incontinence and other products and services. It serves multi-facility networks of healthcare providers, independent hospitals, surgery centers, physicians' practices, and networks of hospitals directly, as well as indirectly through third-party distributors. Owens & Minor, Inc. was founded in 1882 and is headquartered in Richmond, Virginia.

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