Why Owens & Minor's Shares Are Crashing 15.5% Today [The Motley Fool]
HALYARD HEALTH INC (HYH)
Last halyard health inc earnings: 5/2 07:00 am
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Source: The Motley Fool
Management's comments this morning did little to inspire investors. Todd Campbell ( TMFEBCapital ) Feb 1, 2018 at 2:52PM What happened After the company issued disappointing preliminary 2017 financials Thursday morning, shares in Owens & Mino r ( NYSE:OMI ) are losing 15.5% of their value at 2:30 p.m. EST. So what Owens & Minor expects to report full-year revenue of between $9.2 billion and $9.32 billion and non- GAAP earnings per share (EPS) of between $1.58 and $1.61, excluding a $0.55 to $0.60 tailwind tax reform. Those figures are far south of the $9.41 billion in sales and $1.78 in non-GAAP EPS that Wall Street was expecting. The EPS figure was also below the company's previous guidance for non-GAAP EPS in the range of $1.75 to $1.85, which had been lowered from $1.90 to $2 after the third quarter of 2017 disappointed . IMAGE SOUR
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