Teleflex: Q1 Earnings Insights

 

Teleflex TFX reported its Q1 earnings results on Thursday, April 28, 2022 at 06:30 AM.

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

Earnings

Teleflex beat estimated earnings by 4.73%, reporting an EPS of $2.88 versus an estimate of $2.75.

Revenue was up $7.79 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07 which was followed by a 1.46% increase in the share price the next day.

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

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 3.53 3.03 2.87 2.42
EPS Actual 3.60 3.51 3.35 2.87
Revenue Estimate 748.63M 698.44M 685.91M 626.25M
Revenue Actual 761.91M 700.25M 713.47M 633.92M

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

Teleflex management provided guidance for FY 2022, expecting earnings between $13.7 and $14.3 per share.

To track all earnings releases for Teleflex visit their earnings calendar here.

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

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