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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