Recap: LeMaitre Vascular Q3 Earnings

LeMaitre Vascular LMAT reported its Q3 earnings results on Thursday, October 28, 2021 at 04:05 PM.

Here's what investors need to know about the announcement.

LeMaitre Vascular missed their estimated earnings by 6.25%, reporting an EPS of $0.3 versus an estimate of $0.32, which did not surprise analysts.

Revenue was up $1,952,000 from the same period last year.

Last quarter the company beat on EPS by $0.09, which was followed by a 0.24% drop in the share price the next day.

Here's a look at LeMaitre Vascular's past performance:

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	0.31	0.27	0.29	0.19
EPS Actual	0.40	0.28	0.34	0.37
Revenue Estimate	37.97M	35.20M	35.58M	31.62M
Revenue Actual	40.67M	35.88M	37.55M	36.42M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

LeMaitre Vascular management provided guidance for their next quarter, expecting earnings between $0.3 and $0.35 per share for the nextquarter.

This represents a 8.33% in quarter-over-quarter growth for LeMaitre Vascular, a bullish signal to many investors.

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