Alcon (ALC) Stock Gets a Boost as Tariff Worries Ease and Profits Climb

NewsTue, 11 Aug 2026 09:29:18 UTC1 hour ago
Alcon (ALC) Stock Gets a Boost as Tariff Worries Ease and Profits Climb

TLDR

  • Alcon stock rose more than 3% after lifting its full-year profit guidance
  • The company cut its 2026 tariff impact estimate to $40M-$90M, down from $100M-$150M
  • An anticipated $60M refund from the U.S. government drove the tariff revision
  • Core diluted EPS guidance raised for the second time this year to 12%-15% growth
  • Q2 net sales of $2.78B beat analyst consensus, with adjusted EPS of $0.84 vs $0.75 estimate

Alcon stock climbed more than 3% on Monday after the Swiss-American eye care company raised its full-year profit outlook and revised down its tariff exposure for 2026.

The stock was up more than 3% by 08:24 GMT following the announcement.



Alcon Inc., ALC

Alcon now expects core diluted earnings per share to grow 12% to 15% this year. That is up from the 10% to 13% range it guided in May, and marks the second upgrade to this metric in 2026.

Read from Source ยท coincentral.com ↗
This content is automatically aggregated. Full credit goes to the original publisher (coincentral.com).

Related