Merit Medical Systems Q3 Adj EPS $0.75 Beats $0.65 Estimate, Sales $315.23M Beat $306.27M Estimate
Portfolio Pulse from saritha@benzinga.com
Merit Medical Systems (NASDAQ:MMSI) reported Q3 earnings of $0.75 per share, beating the analyst consensus estimate of $0.65 by 15.38%. This is a 17.19% increase from the same period last year. The company also reported quarterly sales of $315.23 million, beating the analyst consensus estimate of $306.27 million by 2.93%. This is a 9.77% increase from the same period last year.
October 26, 2023 | 8:11 pm
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POSITIVE IMPACT
Merit Medical Systems reported better than expected Q3 earnings and sales, which could positively impact its stock price in the short term.
Merit Medical Systems reported Q3 earnings and sales that beat analyst estimates. This positive financial performance could increase investor confidence and demand for the stock, potentially driving its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100