Intuitive Surgical Q1 2024 Adj EPS $1.50 Beats $1.41 Estimate, Sales $1.89B Beat $1.87B Estimate
Portfolio Pulse from Benzinga Newsdesk
Intuitive Surgical (NASDAQ:ISRG) reported Q1 2024 adjusted EPS of $1.50, surpassing the $1.41 estimate, with sales of $1.89B also beating the $1.87B estimate, marking an 11.44% increase from the previous year.
April 18, 2024 | 8:05 pm
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Intuitive Surgical reported a strong Q1 2024 with earnings and sales exceeding analyst expectations, indicating robust financial health and growth.
Beating both earnings and sales estimates typically leads to positive investor sentiment and can drive the stock price up in the short term. The significant year-over-year sales growth further emphasizes the company's strong performance and market position.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100