Why Owens & Minor's Stock Is Trading Higher Today

Owens & Minor OMI shares are trading higher on Thursday after the company raised its fiscal year 2020 guidance.

The company is revising its outlook for full-year adjusted net income from$1.00 to$1.20 per share to adjusted net income of $1.75 to $1.90per share.

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Owens & Minor distributes consumable medical supplies to a variety of providers. The company operates in two segments that are Global products and Global Solutions.

Owens & Minor shares were trading up 56.31% at $21.54 at the time of publication. The stock has a 52-week high of $21.57 and a 52-week low of $3.63.

OMIOwens & Minor Inc

$8.254.03%

Edge Rankings

Momentum7.85

Growth6.17

Quality76.47

Value42.05

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