OSI Systems Q4 Adj $2.84 Beats $2.79 Estimate, Sales $480.91M Beat $466.48M Estimate
Portfolio Pulse from Benzinga Newsdesk
OSI Systems reported better-than-expected Q4 earnings and sales, with earnings per share at $2.84 and sales at $480.91 million, both surpassing analyst estimates.
August 22, 2024 | 1:06 pm
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OSI Systems reported Q4 earnings of $2.84 per share, beating the estimate of $2.79, and sales of $480.91M, surpassing the $466.48M estimate. This reflects a 6.77% increase in earnings and a 16.76% increase in sales compared to last year.
The positive earnings and sales results, both exceeding analyst expectations, suggest a strong performance by OSI Systems. The year-over-year growth in both earnings and sales further supports a positive outlook, likely leading to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100