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What Analyst Projections for Key Metrics Reveal About Alcon (ALC) Q3 Earnings
ALCAlcon(ALC) ZACKS·2024-11-07 15:20

Core Insights - Alcon (ALC) is expected to report quarterly earnings of 0.72pershare,reflectingayearoveryearincreaseof9.10.72 per share, reflecting a year-over-year increase of 9.1% [1] - Anticipated revenues for the quarter are projected to be 2.45 billion, representing a 6.5% increase compared to the same quarter last year [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a collective reevaluation by analysts [1] Revenue Estimates - The consensus estimate for 'Net Sales- Total Surgical' is 1.34billion,indicatingayearoveryearchangeof+5.31.34 billion, indicating a year-over-year change of +5.3% [3] - 'Net Sales- Total Vision Care' is expected to reach 1.10 billion, reflecting a year-over-year change of +7.5% [4] - 'Net Sales- Total Surgical- Consumables' is projected at 700.88million,showingachangeof+6700.88 million, showing a change of +6% from the prior-year quarter [4] Specific Metrics Projections - 'Net Sales- Total Surgical- Equipment/other' is estimated at 216.17 million, indicating a +1% change from the year-ago quarter [5] - 'Net Sales- Total Vision Care- Contact lenses' is expected to be 664.88million,suggestingayearoveryearchangeof+8.6664.88 million, suggesting a year-over-year change of +8.6% [5] - 'Net Sales- Total Vision Care- Ocular health' is projected to reach 438.87 million, reflecting a +5.8% change year over year [5] Regional Sales Expectations - 'Net Sales- Total Surgical- Implantables' is estimated at 426.85million,indicatinga+6.5426.85 million, indicating a +6.5% change from the prior-year quarter [6] - 'Net sales by region- International' is expected to reach 1.34 billion, reflecting a year-over-year change of +8.3% [6] Stock Performance - Over the past month, Alcon shares have recorded returns of -5.2%, contrasting with the Zacks S&P 500 composite's +3.2% change [6] - Alcon holds a Zacks Rank 3 (Hold), suggesting that its performance is likely to align with the overall market in the upcoming period [6]