SOLV Stock Down Despite Q4 Earnings & Revenues Beat Estimates

Solventum (SOLV) reported fourth-quarter 2024 adjusted earnings per share (EPS) of $1.41, which beat the Zacks Consensus Estimate of$1.31 by 7.6%. The bottom line declined 35% year over year.GAAP EPS in the quarter was 17 cents, down 89.2% from the year-ago quarter’s level.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Revenue DetailsThe company reported revenues of $2.07 billion, up 1.9% reportedly from the prior-year recorded number. Organically, sales were up 2.3%. The metric b ...