Another Sneak Peek Into Intuitive Surgical’s ($ISRG) Q3 Earnings

12

Mark your calendars for Thursday 17th October 2024, as Intuitive Surgical (NASDAQ: ISRG) will be revealing its third quarter financial results. This highly awaited announcement is scheduled to take place after market close, pave the way to review a period of expectation and anticipation.

the firm is projected to announce an estimated per share $1.63 profit for the quarter, as predicted by financial analysts on Wall Street. Moreover, the company is expected to disclose a total revenue of $2 billion for this period.

Wall street analysts expect the company to generate a total revenue of $8.09 billion for the entire year. Additionally, these analysts also foresee the company achieving an estimated profit of $6.65 per share for the fiscal year.

The company's earnings report from the corresponding quarter of the previous year demonstrated a per-share income of $1.46. Additionally, the company achieved a total revenue of $1.74 billion during that specific period.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $1.78 +25.4% 2.01 B +14.5%
Q1 2024 $1.50 +22.0% 1.89 B +11.5%
Q4 2023 $1.60 +30.1% 1.93 B +16.5%
Q3 2023 $1.46 +22.7% 1.74 B +12.0%
Q2 2023 $1.42 +24.6% 1.76 B +15.4%
*Growth on year-over-year basis

 

ISRG will host a conference call with investment community on 17th October 2024 at 04:30 PM eastern time to discuss the financial results.

Intuitive Surgical (ISRG) experienced a trading range of $473.51 to $479.52, along with a total volume of 1.03 million shares during the day. The stock concluded the regular trading session at $476.59, demonstrating drop of 0.39 percent.