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Solventum Reports Third Quarter 2024 Financial Results and Raises Full-Year Guidance
Prnewswire· 2024-11-07 21:05
Reported sales increased 0.4% to $2.082 billion; organic sales increased 0.3% GAAP Earnings Per Share (EPS) of $0.70; adjusted EPS1 of $1.64 Generated $169 million in cash from operations; free cash flow1 of $76 million Raises full-year 2024 organic sales growth, adjusted EPS and free cash flow guidanceST. PAUL, Minn., Nov. 7, 2024 /PRNewswire/ -- Solventum (NYSE: SOLV) today reported financial results for the third quarter ended September 30, 2024."We have now delivered consecutive quarters of outperforma ...
Solventum Q3 Earnings Likely to Reflect Declining Volume Trend
ZACKS· 2024-11-06 13:55
Solventum (SOLV) is scheduled to release third-quarter 2024 results on Nov. 7, after market close. In the last reported quarter, the company’s earnings beat the Zacks Consensus Estimate by 6.85%. SOLV delivered a trailing four-quarter average earnings surprise of 15.7%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.SOLV Q3 EstimatesCurrently, the consensus estimate for revenues is pegged at $2.05 billion. The consensus mark for earnings is pinned at $1.38 per share.Factors to NoteS ...
Solventum Corporation(SOLV) - 2024 Q2 - Quarterly Report
2024-08-09 17:54
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number: 001-41968 SOLVENTUM CORPORATION (Exact name of registrant as specified in its charter) Delaware 92-2008 ...
Solventum Corporation(SOLV) - 2024 Q2 - Quarterly Results
2024-08-08 20:13
Exhibit 99.1 Solventum Reports Second Quarter 2024 Financial Results and Raises Full-Year Guidance • Separation activities and business continuity on track • Reported sales increased 0.2% to $2.081 billion; organic sales increased 1.3% • GAAP Earnings Per Share (EPS) of $0.51; adjusted EPS of $1.56 • Generated $355 million in cash from operations; free cash flow of $297 million • Raises full-year 2024 organic sales growth and adjusted EPS guidance 1 1 ST. PAUL, Minn., August 8, 2024 /PRNewswire/ – Solventum ...
Solventum Corporation(SOLV) - 2024 Q1 - Quarterly Report
2024-05-10 13:13
Table of Contents Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, Par Value $.01 Per Share SOLV New York Stock Exchange Large accelerated filer ☐ Accelerated filer ☐ Non-accelerated filer ☒ Smaller reporting company ☐ Emerging growth company ☐ Common Stock, $0.01 par value per share 172,709,505 shares 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT ...