Merit Medical Systems: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Merit Medical Systems (NASDAQ:MMSI) reported Q4 earnings with an EPS of $0.81, beating estimates by 7%, and a revenue increase of $31.1M from the previous year. This follows a pattern of surpassing EPS estimates and subsequent share price increases.
February 28, 2024 | 9:45 pm
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Merit Medical Systems reported a Q4 EPS of $0.81, surpassing estimates by 7%, and a significant year-over-year revenue increase. Historical data shows positive market reactions to earnings beats.
Merit Medical Systems' Q4 earnings beat and historical performance indicate a positive trend. Past earnings beats have led to share price increases, suggesting a likely positive short-term impact on MMSI's stock price.
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