Solventum Corporation (SOLV) released earnings for its third quarter that Increased from last year and beat the Street estimates.
The company's earnings totaled $1.26 billion, or $7.22 per share. This compares with $122 million, or $0.70 per share, last year.
Excluding items, Solventum Corporation reported adjusted earnings of $263 million or $1.50 per share for the period.
Analysts on average had expected the company to earn $1.43 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 0.5% to $2.09 billion from $2.08 billion last year.
Solventum Corporation earnings at a glance (GAAP) :
-Earnings: $1.26 Bln. vs. $122 Mln. last year.-EPS: $7.22 vs. $0.70 last year.-Revenue: $2.09 Bln vs. $2.08 Bln last year.
-Guidance:Full year EPS guidance: $5.98 - $6.08
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.