NuVasive: Q4 Earnings Insights

NuVasive NUVA reported its Q4 earnings results on Wednesday, February 23, 2022 at 04:00 PM.

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

NuVasive missed estimated earnings by 16.67%, reporting an EPS of $0.4 versus an estimate of $0.48.

Revenue was up $10.27 million from the same period last year.

Last quarter the company missed on EPS by $0.22 which was followed by a 1.6% increase in the share price the next day.

Here's a look at NuVasive's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	0.54	0.44	0.35	0.55
EPS Actual	0.32	0.60	0.37	0.59
Revenue Estimate	291.79M	285.08M	261.77M	298.36M
Revenue Actual	270.84M	294.83M	271.25M	291.81M

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).

NuVasive management provided guidance for their next quarter, expecting earnings between $2.05 and $2.35 per share for the next quarter.

This represents a 450.0% in quarter-over-quarter growth for NuVasive, a bullish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.