Edwards Lifesciences Q4 Tops Estimates; Issues Q1 Outlook; Shares Rise After-Hours

MT Newswires Live
02-12

Edwards Lifesciences (EW) reported Q4 adjusted earnings late Tuesday of $0.59 per diluted share, up from $0.55 a year earlier.

Analysts polled by FactSet expected $0.55.

Net sales for the quarter ended Dec. 31 rose to $1.39 billion from $1.27 billion a year earlier.

Analysts surveyed by FactSet expected $1.36 billion.

The company said it expects Q1 adjusted EPS of $0.58 to $0.64 on revenue of $1.35 billion to $1.43 billion. Analysts project EPS of $0.59 on revenue of $1.41 billion.

Edwards said its full-year guidance remains unchanged.

Shares of the company were up about 7% in after-hours activity.

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