LeMaitre Vascular (NASDAQ: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.

Earnings

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.

Past Earnings Performance

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:

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).

Guidance

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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