Bausch & Lomb Corp
BLCO: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.^$ | LOCK|$&!Cp | LOCK|xX^J<<G |
Bausch&Lomb Earnings: Solid Results Mark a Nice End to Innovation-Filled 2024
Narrow-moat Bausch&Lomb reported solid fourth-quarter earnings and delivered a strong finish to the year. Revenue came in at $1.3 billion, beating out our expected $1.2 billion, and delivered 9.1% year-on-year growth. Healthy performance was seen across the board as all three segments contributed nicely to the top line. We maintain our fair value estimate of $20 per share and slightly raise our Canadian fair value estimate to CAD 28 from CAD 27.50 to reflect a strengthening US dollar.
