On Tuesday 5th November 2024, Masimo Corporation (NASDAQ: MASI) will release its highly anticipated third quarter financial results. This important announcement is scheduled to occur after market close.
The financial experts on Wall Street are predicting that the organization will likely report an estimated $0.84 profit per share for the third quarter. Additionally, it is anticipated that the company will reveal a $502.67 million revenue during the quarter.
In the preceding quarter of the previous year, the company shared its financial results, revealing that it had income of $0.63 per share.
Wall street experts have shared their forecasts for the company's annual performance, indicating that they predict the company will achieve a total revenue of $2.1 billion. Additionally, they are expecting the earnings per share for the company to hit profit of $3.88 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.86 | +38.7% | 496.30 M | +9.0% |
| Q1 2024 | $0.66 | -24.1% | 492.80 M | -12.8% |
| Q4 2023 | $1.25 | -5.3% | 548.90 M | -11.0% |
| Q3 2023 | $0.63 | -37.0% | 478.90 M | -12.8% |
| Q2 2023 | $0.62 | -54.1% | 455.30 M | -19.5% |
| *Growth on year-over-year basis | ||||
MASI will host a conference call with investment community on 5th November 2024 at 04:30 PM eastern time to discuss the financial results.
Masimo Corporation (MASI) closed Friday's regular trading session at $144.22, marking a 0.15 percent rise, with a volume of 375.60 thousand shares.
