Compared to Estimates, OSI Q4 Earnings: A Look at Key Metrics

OSI Systems OSIS reported $480.91 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 16.8%. EPS of $2.84 for the same period compares to $2.66 a year ago.

The reported revenue represents a surprise of +3.09% over the Zacks Consensus Estimate of $466.48 million. With the consensus EPS estimate being $2.79, the EPS surprise was +1.79%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how OSI performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Revenues- Healthcare division

  : $50.31 million versus the two-analyst average estimate of $48 million. The reported number represents a year-over-year change of -15.5%.

• Revenues- Intersegment eliminations

  : -$13.98 million versus the two-analyst average estimate of -$14.50 million. The reported number represents a year-over-year change of -20.8%.

• Revenues- Optoelectronics and Manufacturing division, including intersegment revenues

  : $102.07 million versus $98 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +1.1% change.

• Revenues- Security division

  : $342.51 million versus the two-analyst average estimate of $332 million. The reported number represents a year-over-year change of +27.3%.

Shares of OSI have returned -1.8% over the past month versus the Zacks S&P 500 composite's +2.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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