Intuitive Surgical ISRG is gearing up to announce its quarterly earnings on Thursday, 2024-10-17. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Intuitive Surgical will report an earnings per share (EPS) of $1.63.
The market awaits Intuitive Surgical's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Performance in Previous Earnings
During the last quarter, the company reported an EPS beat by $0.24, leading to a 9.34% increase in the share price on the subsequent day.
Here's a look at Intuitive Surgical's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 1.54 | 1.41 | 1.48 | 1.41 |
| EPS Actual | 1.78 | 1.50 | 1.60 | 1.46 |
| Price Change % | 9.0% | -2.0% | -0.0% | -2.0% |
Market Performance of Intuitive Surgical's Stock
Shares of Intuitive Surgical were trading at $478.47 as of October 15. Over the last 52-week period, shares are up 74.61%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Intuitive Surgical visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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