Alcon (NYSE:ALC) reported its Q2 earnings results on Tuesday, August 9, 2022 at 04:00 PM.

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

Earnings

Alcon beat estimated earnings by 28.57%, reporting an EPS of $0.63 versus an estimate of $0.49.

Revenue was up $106.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.19 which was followed by a 6.95% increase in the share price the next day.

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

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).

Guidance

Alcon management provided guidance for FY 2022, expecting earnings between $2.2 and $2.3 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.