Owens & Minor Reports 3rd Quarter Financial Results
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Ownes & Minor (OMI) Tops Q3 EPS by 10c, Revenues Beat; Raises FY20 EPS Guidance Above Consensus
November 2, 2020 4:10 PM ESTOwnes & Minor (NYSE: OMI) reported Q3 EPS of $0.81, $0.10 better than the analyst estimate of $0.71. Revenue for the quarter came in at $2.19 billion versus the consensus estimate of $2.08 billion.
Increases full year adjusted EPS guidance to $1.90 to $2.00*Reconfirms expectation of double digit adjusted EPS growth in 20213rd Quarter 2020 Company Highlights
250%+ increase in adjusted net income per share compared to the third quarter of 20196th consecutive quarter of year-over-year gross margin expansion240 basis point adjusted operating margin expansion versus prior year$118 million of operating cash flow... More