BRUSSELS (dpa-AFX) - Alcon Inc. (ALC) released earnings for its second quarter that increased from last year and beat the Street estimates.
The company's earnings came in at $223 million, or $0.45 per share. This compares with $169 million, or $0.34 per share, in last year's second quarter.
Excluding items, Alcon Inc. reported adjusted earnings of $367 million or $0.74 per share for the period.
Analysts on average had expected the company to earn $0.73 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 3.3% to $2.482 billion from $2.402 billion last year.
Alcon Inc. earnings at a glance (GAAP) :
-Earnings (Q2): $223 Mln. vs. $169 Mln. last year. -EPS (Q2): $0.45 vs. $0.34 last year. -Revenue (Q2): $2.482 Bln vs. $2.402 Bln last year.
-Guidance: Next quarter revenue guidance: $3.00 to $3.10 Full year revenue guidance: $9.9 to $10.1 Bln
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