Intuitive Surgical Earnings, Revenue Beat in Q1
2022.04.21 23:26
Intuitive Surgical Earnings, Revenue Beat in Q1
Investing.com – Intuitive Surgical (NASDAQ:ISRG) reported on Thursday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
Intuitive Surgical announced earnings per share of $1.13 on revenue of $1.49B. Analysts polled by Investing.com anticipated EPS of $1.08 on revenue of $1.43B.
Intuitive Surgical shares are down 18% from the beginning of the year, still down 20.32% from its 52 week high of $369.69 set on November 5, 2021. They are under-performing the Nasdaq 100 which is down 15.93% from the start of the year.
Intuitive Surgical shares gained 2.20% in after-hours trade following the report.
Intuitive Surgical follows other major Healthcare sector earnings this month
Intuitive Surgical’s report follows an earnings beat by UnitedHealth on April 14, who reported EPS of $5.49 on revenue of $80.15B, compared to forecasts EPS of $5.38 on revenue of $78,786M.
J&J had beat expectations on Tuesday with first quarter EPS of $2.67 on revenue of $23.43B, compared to forecast for EPS of $2.59 on revenue of $23.69B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
