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0.00131302521008415 0 0.0026260504201681 0.00630252100840341 0.0115546218487396 0.0110294117647059 0.013655462184874 0.0131302521008405
Stock impact report

Avanos (AVNS) Q4 Earnings Lag Estimates, Margins Contract [Yahoo! Finance]

Avanos Medical, Inc. (AVNS) 
Last avanos medical, inc. earnings: 2/25 07:00 am Check Earnings Report
US:NYSE Investor Relations: avanos.investorroom.com
Company Research Source: Yahoo! Finance
The bottom line missed the Zacks Consensus Estimate by a penny. GAAP EPS from continuing operations in the quarter under review was 24 cents, up 14.3% year over year. Full-year adjusted EPS was $1.03, up 3% compared with that at the end of the comparable 2022 period. The figure lagged the Zacks Consensus Estimate by 0.9%. Revenues Revenues grossed $173.3 million in the reported quarter, down 4.6% year over year. However, the metric beat the Zacks Consensus Estimate by 0.2%. Per management, the top line was hampered by lower hyaluronic acid (HA) portfolio sales resulting from continued pricing pressure due to the Medicare reimbursement changes and lower-than-anticipated sales across the company's North America digestive health products (due to a major distributor's ordering pattern change). However, this was partially offset by favorable foreign currency translation effects. Full-year revenues were $673.3 million, reflecting a 1.6% decline from the comparable 2022 period. T Show less Read more
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