Executive readout · one minute
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SOLV
$87.85
+0.09%
SOLV
· Solventum Corp
$87.85
+0.08 (+0.09%)
At close · Oct 2
Return incl. dividend (before tax)
Market Cap
$15.24B
Shares
170.22M
Volume · Oct 2
880.45K
Avg daily vol (3M)
1.03M
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Earnings call · FY2024 Q1
Solventum Corp (SOLV) Q1 2024 Earnings Call
Forward guidance
3 guided metrics
Management's latest ranges and targets are included below.
Research coverage
2 live sources
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Revenue
$2.02B
+0.2% YoY
Diluted EPS
$1.37
-19.4% YoY
Gross margin
58.1%
+1.6 pp YoY
Net income
$237.00M
-19.1% YoY
Research materials
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Forward guidance
From the 8-K filed May 9, 2024.
| Metric | Period | Guided | Basis |
|---|---|---|---|
|
Organic revenue growth
Initiated
full-year 2024
|
-2% – 0% | Non-GAAP | |
|
Free cash flow
Initiated
full-year 2024
|
$700M – $800M | Non-GAAP | |
|
Adjusted EPS
Initiated
full-year 2024
|
$6.10 – $6.40 | Non-GAAP |
Quarter detail
How the reported period landed and where the business moved.
SEC filing · Item 2.02
8-K earnings release
Filed May 9, 2024 · complete as-filed document
SEC periodic report
10-Q report
Filed May 10, 2024 · complete as-filed document