Bausch Health Third-Quarter Adjusted Earnings Jumps 53% YoY, Beats Forecast
MT newswire2026/10/28 20:25Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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04:25 PM EDT, 10/28/2026 (MT Newswires) -- Bausch Health (BHC.TO) Wednesday after trade said third-quarter adjusted earnings jumped 53% to $1.77 per share, from $1.16 per share, in the prior year period. Analysts polled by FactSet had expected $1.27 per share. Quarterly revenue advanced 10% to $2.94 billion, missing the consensus analyst estimate of $2.76 billion. The company updated its 2026 revenue guidance (excluding Bausch + Lomb) to $5.525 billion to $5.625 billion. Bausch Health also announced a $50 million share buyback program, to offset dilution associated with the anticipated vesting of management equity awards next year. The company's shares were last seen up $1.51 at $8.46 in New York trading. They closed up 9% higher at CA$9.67, on the Toronto Stock Exchange.
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