Owens & Minor will outline its strategy for delivering and expanding its profitability at its 2023 Investor Day event in Boston. The Company’s 2028 financial targets include: revenue exceeding $12B; adjusted EBITDA exceeding $750M; adjusted EPS to exceed $3.50 with a CAGR of more than 20% and cumulative free cash flow between 2024-2028 of more than $1.3B.
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Read More on OMI:
- Owens & Minor price target lowered to $19 from $21 at JPMorgan
- Owens & Minor narrows FY23 adjusted EPS view to $1.30-$1.40 from $1.30-$1.55
- Owens & Minor reports Q3 adjusted EPS 44c vs. 41c last year
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- Owens & Minor price target lowered to $18 from $21 at Baird