Bausch & Lomb Corp
BLCO: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$14.00 | Thygbh | Lcsrfst |
Bausch & Lomb Earnings: Healthy Top Line, but Cost Headwinds Hurt Earnings; Shares Still Cheap
Narrow-moat Bausch & Lomb reported first-quarter earnings that were lower than anticipated. We are maintaining our $25 fair value estimate as our lowered near-term assumptions are offset by the time value of money.