Top Wall Street Forecasters Revamp Owens & Minor Expectations Ahead Of Q2 Earnings

Group 1 - Owens & Minor, Inc. is set to release its second-quarter earnings results on August 11, with expected earnings of 28 cents per share, a decrease from 36 cents per share in the same period last year [1] - The company anticipates quarterly revenue of $2.73 billion, an increase from $2.67 billion a year earlier [1] - Owens & Minor announced the termination of its acquisition of Rotech Healthcare on June 5 [1] Group 2 - Owens & Minor shares increased by 12.4%, closing at $7.09 on Friday [2] - Analysts have provided various ratings for Owens & Minor, with Baird maintaining a Neutral rating and raising the price target from $9 to $10 [7] - JP Morgan has an Underweight rating with a reduced price target from $14 to $10, while UBS maintains a Buy rating but has cut the price target from $25 to $13 [7]