Teleflex Q1 Adj $3.21 Beats $3.07 Estimate, Sales $737.85M Beat $726.89M Estimate
Portfolio Pulse from Benzinga Newsdesk
Teleflex (NYSE:TFX) reported Q1 earnings of $3.21 per share, surpassing the $3.07 estimate, and sales of $737.85M, exceeding the $726.89M estimate. This represents a 3.88% increase in earnings and a 3.79% increase in sales from the same period last year.
May 02, 2024 | 10:32 am
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Teleflex reported Q1 earnings of $3.21 per share, beating estimates, and sales of $737.85M, also above expectations. This indicates a positive performance compared to the same period last year.
Teleflex's Q1 earnings and sales not only surpassed analyst expectations but also showed significant year-over-year growth. This positive performance is likely to instill investor confidence and could lead to a short-term uptick in TFX's stock price, given the better-than-expected financial results.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100