Merit Medical Systems shares are trading lower after the company issued FY23 EPS guidance with a midpoint below estimates.
Portfolio Pulse from Bill Haddad
Merit Medical Systems has issued its FY23 EPS guidance, which is lower than the estimates. This has led to a decrease in the company's share prices.
July 26, 2023 | 4:45 pm
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Merit Medical Systems' lower than expected FY23 EPS guidance has negatively impacted its share prices.
The company's EPS guidance for FY23 is lower than what was estimated by analysts. This negative financial outlook has led to a decrease in investor confidence, resulting in a drop in the company's share prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100