Owens & Minor Spikes on Big Quarterly Beat

Owens & Minor Spikes on Big Quarterly Beat
TheStreet
2/24/2021
© TheStreet
Owens & Minor Spikes on Big Quarterly Beat
Shares of medical supply maker Owens & Minor Inc. jumped more than 30% Wednesday after topping analysts' fourth quarter expectations by a wide margin.
Popular Searches
The Mechanicsville, Virginia company reported before Wednesday's open adjusted profits of $79.8 million, or $1.14 per share, on revenue of $2.36 billion. Analysts were expecting earnings of just 85 cents per share on revenue of $2.2 billion.
"In the midst of the pandemic, we utilized the Owens & Minor's disciplined business process to drive productivity and improve our customers' experience. Specifically, we enhanced our Americas based vertically integrated manufacturing capabilities to address our customers' current and future needs for our market leading broad-based products and services," said CEO Edward Pesicka.

Related Keywords

Mechanicsville ,Virginia ,United States ,Edward Pesicka ,Stephen Klemash ,Ernst Young Americas Center ,Owens Minor Inc ,Minor Spikes ,Big Quarterly ,Thestreet Owens ,Big Quarterly Beat ,Aster Angagaw ,Servicemaster Brands ,Young Americas Center ,மெக்கானிக்ஸ்வில்லே ,வர்ஜீனியா ,ஒன்றுபட்டது மாநிலங்களில் ,எர்னிஸ்ட இளம் அமெரிக்காக்கள் மையம் ,ஓவந்ஸ் மைனர் இன்க் ,மைனர் கூர்முனை ,பெரியது காலாண்டு ,பெரியது காலாண்டு அடி ,சேவை மாஸ்டர் பிராண்டுகள் ,இளம் அமெரிக்காக்கள் மையம் ,