Why Is BAUSCH LOMB CORP (BLCO) Stock Up Today?

Bausch & Lomb Corp (BLCO) shares surged 15.78% to close at $20.40. The primary driver was the company’s third-quarter 2026 earnings report, which showed a swing to profitability and a raise in full-year guidance.

What Happened

The eye-health company reported third-quarter net income of $32 million, or 9 cents a share, compared with a loss of $28 million, or 8 cents a share, in the same period last year. Revenue for the quarter reached $1.375 billion, representing a 7% increase as reported and an 8% increase in constant currency. Management attributed the growth to broad-based performance across all segments, specifically driven by dry eye drugs and premium surgical lenses.

Following the results, Bausch & Lomb raised its 2026 revenue guidance to a range of $5.450 billion to $5.550 billion, up from the previous outlook of $5.440 billion to $5.540 billion. Adjusted EBITDA guidance was also increased to $1.090 billion to $1.140 billion. The company’s adjusted earnings per share of $0.34 exceeded the consensus estimate of $0.22.

What The Data Shows

The stock’s move to $20.40 marks a fresh 52-week high, extending a recent trend that included 37 new 52-week highs. The previous 52-week range was $14.44 to $18.91, meaning the current price sits well above the prior upper bound. Despite the strong quarterly performance, the company remains unprofitable on a trailing twelve-month basis with an EPS of -0.48 and a net margin of -3.2%. The market capitalization stands at $6.3 billion.

Insider activity over the last 90 days shows two sales totaling $1.2 million, with no purchases recorded. The most recent sale was executed by Frederick Munsch, SVP, Controller, and CAO, on August 10, 2026. Andrew C. Von Eschenbach, a director, sold shares on August 6, 2026.

What To Watch

Investors will monitor how the company sustains its Vision '27 momentum and whether the raised 2026 guidance is met. The next scheduled earnings date is not provided in the current data, but coverage breadth remains high with 11 stories from 9 sources in the last 36 hours.