Intuitive Surgical Q4 EPS $1.60 Beats $1.48 Estimate, Sales $1.93B Beat $1.87B Estimate
Portfolio Pulse from Benzinga Newsdesk
Intuitive Surgical (NASDAQ:ISRG) exceeded Q4 earnings and sales estimates, with EPS at $1.60 vs. the $1.48 forecast, and sales at $1.93B vs. the $1.87B forecast. This represents a 30.08% increase in earnings and a 16.51% increase in sales compared to the same period last year.
January 23, 2024 | 9:03 pm
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POSITIVE IMPACT
Intuitive Surgical reported a strong Q4 with earnings and sales surpassing analyst estimates, indicating robust financial performance and potential market confidence.
The positive earnings and sales report from Intuitive Surgical is likely to instill investor confidence and could lead to a short-term increase in stock price. Beating both EPS and sales estimates by notable margins demonstrates the company's strong performance and may attract more attention from investors.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100