Merit Medical Systems Sees FY23 Net Sales $1.23B-$1.244B Vs $1.23B Est; Sees Adj. EPS $2.81-$2.91 Vs $2.90 Est
Portfolio Pulse from Benzinga Newsdesk
Merit Medical Systems has projected its FY23 net sales to be between $1.23 billion and $1.244 billion, which is in line with the estimated $1.23 billion. The company also expects its adjusted EPS to be between $2.81 and $2.91, slightly varying from the estimated $2.90.
July 25, 2023 | 8:35 pm
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NEUTRAL IMPACT
Merit Medical Systems' FY23 net sales and adjusted EPS forecasts are in line with estimates, indicating stable financial performance.
Merit Medical Systems' FY23 net sales and adjusted EPS forecasts are in line with estimates. This suggests that the company's financial performance is expected to be stable, which is likely to have a neutral impact on its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100