Enovis Q2 Adj. EPS $0.61 Beats $0.53 Estimate, Sales $428.50M Beat $419.15M Estimate
Portfolio Pulse from Benzinga Newsdesk
Enovis reported Q2 adjusted earnings of $0.61 per share, beating the analyst consensus estimate of $0.53 by 15.09%. This is a 3.39% increase over earnings of $0.59 per share from the same period last year. The company also reported quarterly sales of $428.50 million, beating the analyst consensus estimate of $419.15 million by 2.23%. This is an 8.45% increase over sales of $395.12 million the same period last year.
August 04, 2023 | 12:44 pm
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POSITIVE IMPACT
Enovis reported better than expected Q2 earnings and sales, which could positively impact the stock price in the short term.
Enovis reported Q2 earnings and sales that beat analyst estimates. This is generally seen as positive news and could lead to an increase in the stock price in the short term. The earnings per share and sales also increased compared to the same period last year, which further strengthens the positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100