Market Overview

Why Owens & Minor's Stock Is Trading Higher Today

Share:
Why Owens & Minor's Stock Is Trading Higher Today

Owens & Minor (NYSE: 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.

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.

 

Related Articles (OMI)

View Comments and Join the Discussion!

Posted-In: why it's movingNews Guidance Movers Trading Ideas

Need corporate guidance data?
Click here to see licensing options.
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com