Intuitive Surgical Earnings, Revenue Miss in Q2
2022.07.21 23:30
Intuitive Surgical Earnings, Revenue Miss in Q2
Investing.com – Intuitive Surgical (NASDAQ:ISRG) reported on Thursday second quarter earnings that missed analysts’ forecasts and revenue that fell short of expectations.
Intuitive Surgical announced earnings per share of $1.14 on revenue of $1.52B. Analysts polled by Investing.com anticipated EPS of $1.2 on revenue of $1.56B.
Intuitive Surgical shares are down 37% from the beginning of the year, still down 39.21% from its 52 week high of $369.69 set on November 5, 2021. They are under-performing the Nasdaq which is down 22.92% from the start of the year.
Intuitive Surgical shares lost 6.56% 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 July 15, who reported EPS of $5.57 on revenue of $80.33B, compared to forecasts EPS of $5.21 on revenue of $79.68B.
J&J had beat expectations on Tuesday with second quarter EPS of $2.59 on revenue of $24.02B, compared to forecast for EPS of $2.55 on revenue of $23.8B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
