Owens & Minor reported Q3 2024 earnings of $0.42/share, with revenue up 5%, but stock fell 8.27%.

Owens & Minor Inc. reported third-quarter 2024 earnings of $0.42 per share and revenue of $2.72 billion, a 5% increase year-over-year. Patient Direct revenue rose by 6%, while Products & Healthcare Services revenue grew 5%. The company revised its full-year guidance, expecting adjusted EPS between $1.45 and $1.55 on revenues of $10.6 billion to $10.8 billion. Following the report, its stock fell by 8.27% to $12.26.

November 04, 2024
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