Alcon: Q1 Earnings Insights

Alcon ALC reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Alcon beat estimated earnings by 38.78%, reporting an EPS of $0.68 versus an estimate of $0.49.

Revenue was up $265.00 million from the same period last year.

Last quarter the company beat on EPS by $0.07 which was followed by a 2.16% increase in the share price the next day.

Here's a look at Alcon's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.49	0.49	0.45	0.45
EPS Actual	0.56	0.54	0.56	0.49
Revenue Estimate	2.04B	2.04B	1.96B	1.92B
Revenue Actual	2.13B	2.08B	2.09B	1.91B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Alcon management provided guidance for FY 2022, expecting earnings between $2.35 and $2.45 per share.

To track all earnings releases for Alcon visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar