Page 4 - Adjusted Basis News Today

After a year of layoffs, legal settlements, restructuring and setbacks, 3M ended 2023 on an upswing. "When I look at the fourth quarter, it's a culmination of a year where we took significant steps to improve our operational performance," said Monish Patolawala, 3M president and chief financial officer. The Maplewood-based company beat Wall Street expectations and last year's results with a ...

Adjusted EPS Outperforms as BNY Mellon Navigates a Challenging Landscape

Despite Revenue Decline, Efficiency Measures Boost Operating Income and Margins

Kelly Services, Inc. (NASDAQ:KELYA) Q3 2023 Earnings Call Transcript November 9, 2023 Kelly Services, Inc. beats earnings expectations. Reported EPS is $0.5, expectations were $0.25. Operator: Good morning and welcome to Kelly Services Third Quarter Earnings Conference Call. All parties will be on listen-only until the question-and-answer portion of the presentation. Today’s call is being […]

Steady Growth and Margin Expansion Amid Market Headwinds

Merger with The J. M. Smucker Company and Financial Highlights Discussed

Despite a Net Loss of $1,096 million, Adjusted EBITDA Increases to $214 million

Zimmer Biomet Holdings Inc on Tuesday beat Wall Street estimates for third-quarter profit, as a rebound in knee surgeries lifted demand for the medical device maker's products. On an adjusted basis, the company reported a profit of $1.65 per share, compared with analysts' average estimate of $1.60, according to LSEG data. Larger peers Abbott Laboratories and Boston Scientific had also topped quarterly profit estimates on easing staffing shortages and a surge in hospital admissions for ...

Company narrows 2023 EPS guidance range to $5.55 to $5.65

Adjusted EPS Exceeds Guidance, Reflecting Strong Operational Performance