Insulet Q3 EPS $0.71 Beats $0.40 Estimate, Sales $432.70M Beat $414.22M Estimate
Portfolio Pulse from Benzinga Newsdesk
Insulet (NASDAQ:PODD) reported Q3 earnings of $0.71 per share, beating the analyst consensus estimate of $0.40 by 77.5%. This is a 57.78% increase from the same period last year. The company also reported quarterly sales of $432.70 million, beating the analyst consensus estimate of $414.22 million by 4.46%. This is a 26.97% increase from the same period last year.
November 02, 2023 | 8:02 pm
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POSITIVE IMPACT
Insulet's Q3 earnings and sales exceeded analyst estimates, indicating strong financial performance. This could potentially lead to a positive impact on the company's stock price.
Insulet's Q3 earnings and sales have significantly exceeded analyst estimates, which is a strong indicator of the company's financial performance. This positive financial news is likely to increase investor confidence and could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100