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Intuitive Surgical Earnings, Revenue Beat in Q4

Published 01/23/2020, 04:08 PM
Updated 01/23/2020, 04:09 PM
© Reuters.  Intuitive Surgical Earnings, Revenue Beat in Q4

Investing.com - Intuitive Surgical (NASDAQ:ISRG) announced fourth quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.

The company reported earnings per share of $3.48 on revenue of $1.28B. Analysts polled by Investing.com anticipated EPS of $3.37 on revenue of $1.23B. That was in comparison with EPS of $2.96 on revenue of $1.05B in the same period a year before. Intuitive Surgical had reported EPS of $3.43 on revenue of $1.13B in the previous quarter.

Analysts are forecasting EPS of $3.02 and revenue of $1.13B in the next quarter.

Intuitive Surgical share's are up 3.91% for the year to date , still down 0.38% from its 52 week high of $616.56 set on January 10.

Intuitive Surgical follows other major Healthcare sector earnings this month

On Wednesday, J&J announced fourth quarter EPS of $1.88 on revenue of $20.75B, was in comparison with a forecasts for EPS of $1.87 on revenue of $20.78B.

Abbott Labs earnings matched analysts' expectations on Wednesday, with fourth quarter EPS of $0.95 on revenue of $8.31B. Investing.com analysts anticipated EPS of $0.95 on revenue of $8.26B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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