Masimo Sees Q3 2024 Revenue $495M-$515M Vs $493M Estimate; Sees EPS $0.22-$0.27 Vs $0.26 Estimate
Portfolio Pulse from Benzinga Newsdesk
Masimo Corporation has provided its Q3 2024 revenue guidance, expecting between $495 million and $515 million, which is slightly above the $493 million estimate. The company also anticipates earnings per share (EPS) to be in the range of $0.22 to $0.27, compared to the $0.26 estimate.
August 06, 2024 | 8:49 pm
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Masimo Corporation has provided its Q3 2024 revenue guidance, expecting between $495 million and $515 million, which is slightly above the $493 million estimate. The company also anticipates earnings per share (EPS) to be in the range of $0.22 to $0.27, compared to the $0.26 estimate.
The revenue guidance is slightly above the market estimate, which is a positive indicator. However, the EPS range includes the estimate, suggesting mixed signals. Overall, the news is likely to have a positive short-term impact on the stock price.
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