By Karim Rahemtulla A few weeks ago, War Room members jumped into Bausch Health Companies (NYSE: BHC). This morning shares jumped more than 12% when the company announced its expected upcoming revenues and earnings.
Here’s an excerpt from Dow Jones & Company:
Bausch Health Cos. said it expects reported revenue for the third quarter to be more than $2.1 billion, down about 3% from the comparable quarter a year ago. For the year, the company said it expects revenue “to be around the midpoint of” its current guidance ranges of $7.8 billion to $8 billion. It expects adjusted earnings before interest, taxes, depreciation and amortization …read more
