Masimo Expects Q2 Consolidated Revenue Of $480M-$510M (Est $503.791M), Adj EPS Of $0.73-$0.79 (Est $0.77)
Portfolio Pulse from Benzinga Newsdesk
Masimo anticipates its Q2 consolidated revenue to be between $480M-$510M, with an estimated consensus of $503.791M. The company also expects its adjusted EPS to range from $0.73 to $0.79, closely aligning with the estimated $0.77.
May 07, 2024 | 8:45 pm
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Masimo expects its Q2 revenue to be in the range of $480M-$510M, with adjusted EPS between $0.73 and $0.79, closely matching analyst estimates.
Masimo's revenue and EPS forecasts are in line with analyst expectations, indicating a neutral short-term impact on its stock price. The company's guidance suggests stability, but without significantly exceeding expectations, major stock price movements are unlikely.
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