Why Is Owens & Minor Stock Trading Lower On Thursday?

Owens & Minor Inc. OMI reported first-quarter 2025 adjusted EPS of 23 cents, up from 19 cents a year ago, beating the consensus of 20 cents.The company reported sales of $2.63 billion, which were almost flat year over year and missed the consensus of $2.66 billion.Products & Healthcare Services revenue of $1.96 billion, down 1%. Patient Direct revenue of $673.8 million, up 6% year-over-year.In February, the company said Citi would serve as its exclusive financial advisor regarding the potential sale of the ...