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FY2024 EPS Estimates for TSE:BHC Lifted by Zacks Research

Bausch Health Companies logo with Medical background

Bausch Health Companies Inc. (TSE:BHC - Free Report) - Investment analysts at Zacks Research lifted their FY2024 EPS estimates for shares of Bausch Health Companies in a note issued to investors on Tuesday, October 22nd. Zacks Research analyst R. Department now anticipates that the company will earn $4.98 per share for the year, up from their prior estimate of $4.88. The consensus estimate for Bausch Health Companies' current full-year earnings is $5.55 per share. Zacks Research also issued estimates for Bausch Health Companies' Q4 2024 earnings at $1.50 EPS, Q1 2025 earnings at $1.12 EPS, Q3 2025 earnings at $1.56 EPS, Q4 2025 earnings at $1.73 EPS, FY2025 earnings at $5.77 EPS, Q1 2026 earnings at $1.50 EPS and Q2 2026 earnings at $1.50 EPS.

Bausch Health Companies (TSE:BHC - Get Free Report) last announced its earnings results on Thursday, August 1st. The company reported C$1.22 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of C$1.22. Bausch Health Companies had a negative net margin of 5.12% and a negative return on equity of 2,304.54%. The firm had revenue of C$3.29 billion for the quarter, compared to analyst estimates of C$3.20 billion.

BHC has been the topic of a number of other research reports. Evercore ISI upgraded shares of Bausch Health Companies to a "hold" rating in a research report on Tuesday, October 15th. Raymond James upgraded shares of Bausch Health Companies to a "hold" rating in a research report on Wednesday, July 10th.

Read Our Latest Analysis on BHC

Bausch Health Companies Stock Performance

Shares of TSE:BHC traded up C$0.08 on Thursday, reaching C$11.26. 126,605 shares of the company's stock were exchanged, compared to its average volume of 376,588. The company has a fifty day moving average of C$9.50 and a 200-day moving average of C$9.95. Bausch Health Companies has a twelve month low of C$5.45 and a twelve month high of C$15.43. The company has a market capitalization of C$4.13 billion, a price-to-earnings ratio of -6.39, a PEG ratio of 0.21 and a beta of 0.77. The company has a current ratio of 1.19, a quick ratio of 0.58 and a debt-to-equity ratio of 7,583.76.

Insider Buying and Selling

In related news, Senior Officer Seana Lynne Carson sold 13,370 shares of the stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of C$8.38, for a total transaction of C$112,087.40. 11.28% of the stock is currently owned by company insiders.

About Bausch Health Companies

(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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