Globus Medical: Q4 Earnings Insights

Globus Medical GMED reported its Q4 earnings results on Tuesday, February 20, 2024 at 04:15 PM.

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

Earnings

Globus Medical missed estimated earnings by 1.64%, reporting an EPS of $0.6 versus an estimate of $0.61.

Revenue was up $342.04 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 0.69% drop in the share price the next day.

Here's a look at Globus Medical's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.54 0.59 0.51 0.56
EPS Actual 0.57 0.63 0.53 0.59
Revenue Estimate 268.78M 279.72M 254.90M 276.67M
Revenue Actual 383.64M 291.62M 276.69M 274.50M

To track all earnings releases for Globus Medical visit their earnings calendar here.

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

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