Earnings Preview For Intuitive Surgical
Portfolio Pulse from Benzinga Insights
Intuitive Surgical (NASDAQ:ISRG) is expected to release its quarterly earnings report on January 23, 2024, with an estimated EPS of $1.48. Investors are looking for an earnings beat and positive guidance for future growth. Historically, the company's stock price has been sensitive to earnings performance and guidance rather than just meeting or beating estimates. Last quarter, ISRG beat the EPS estimate but saw a 2.39% drop in share price the following day. Over the past year, ISRG shares have increased by 46.58%, with the stock trading at $374.82 as of January 19.
January 22, 2024 | 4:01 pm
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Intuitive Surgical is anticipated to report quarterly earnings with an EPS estimate of $1.48. Investors are focused on earnings performance and future guidance. Historical data shows stock price sensitivity to earnings outcomes. Shares have risen 46.58% over the past year.
The short-term impact on ISRG's stock price is uncertain and likely neutral as the market has already priced in the positive long-term trend. However, the actual earnings result and forward guidance will be key drivers for any immediate price movement. Historical performance indicates mixed reactions post-earnings, suggesting that investor sentiment could swing either way based on the upcoming report.
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