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Alcon reports EPS in-line, beats on revs; raises FY08 EPS above consensus, raises revs above consensus

Briefing.com

Posted: 2008-04-23 19:50:57

Reports Q1 (Mar) earnings of $1.43 per share, in-line with the First Call consensus of $1.43; revenues rose 16.2% year/year to $1.54 bln vs the $1.49 bln consensus. Co issues raises guidance to FY08, sees EPS of $6.39-6.49 vs. $6.30 consensus, up from $6.24-6.30; raises FY08 revs to $6.4-6.5 bln vs. $6.26 bln consensus, up from $6.18-3.28 bln.

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