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Medline cuts annual adjusted EBITDA guidance by approximately $200 million

Earnings Whispers · ·by G4L

MDLN Medline Inc
$40.91 +0.49%
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  1. 1Medline's annual adjusted EBITDA guidance reduction is approximately $200 million.
  2. 2Medline expects an additional $50 million to $100 million in fire-related costs in the second half of the year.
  3. 3The Street (analyst) projects earnings per share of $0.32.

So what's the key point?

Medline has lowered its profit outlook for this year by about $200 million. This is because more costs related to a fire are expected in the second half of the year.

Source Earnings Whispers · View original ↗

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