Edwards Lifesciences Corp expected to post earnings of 55 cents a share - Earnings Preview

Reuters
02-08
Edwards Lifesciences Corp <ew.n> expected to post earnings of 55 cents a share - Earnings Preview </ew.n>
  • Edwards Lifesciences Corp EW.N, EW is expected to show a fall in quarterly revenue when it reports results on February 11 for the period ending December 31 2024

  • The Irvine California-based company is expected to report a 11.5% decrease in revenue to $1.358 billion from $1.53 billion a year ago, according to the mean estimate from 24 analysts, based on LSEG data.The company's guidance on October 24 2024, for the period ended December 31, was for revenue between $1.33 billion and $1.39 billion.

  • ​LSEG's mean analyst estimate for Edwards Lifesciences Corp is for earnings of 55 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 18 "hold" and 1 "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Edwards Lifesciences Corp is $78.07​, above​ its last closing price of $70.99. ​​​

The company's guidance on October 24 2024 for the period ended December 31 was for gross profit margin of USD78%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

0.63

0.64

0.67

Beat

4.6

Jun. 30 2024

0.70

0.69

0.70

Beat

0.9

Mar. 31 2024

0.64

0.64

0.66

Beat

2.7​

Dec. 31 2023

0.64

0.64

0.64

Met

0.4

​​Sep. 30 2023

0.59

0.59

0.59

Met

-0.4

Jun. 30 2023

0.65

0.65

0.66

Beat

2​

Mar. 31 2023

0.61

0.61

0.62

Beat

2.1

Dec. 31 2022

0.62

0.61

0.64

Beat

4.5

This summary was machine generated February 7 at 21:18 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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