Bausch Health Q3 Earnings and Revenues Top, Xifaxan Boosts Sales

Shares of Bausch Health Companies Inc. (BHC) gained 12.6% after the company reported better-than-expected third-quarter results on Oct. 30. The company also raised its annual revenue guidance.Adjusted earnings per share of $1.12 beat the Zacks Consensus Estimate of$1.03. The reported figure increased from $1.03 in the year-ago quarter due to higher revenues.Total revenues of$2.5 billion were up 12% year over year. The top line also beat the Zacks Consensus Estimate of $2.4 billion.Excluding the impact of ...