廣告
香港股市 已收市
  • 恒指

    18,475.92
    +268.79 (+1.48%)
     
  • 國指

    6,547.29
    +110.20 (+1.71%)
     
  • 上證綜指

    3,104.82
    -8.22 (-0.26%)
     
  • 滬深300

    3,604.39
    -19.52 (-0.54%)
     
  • 美元

    7.8103
    -0.0030 (-0.04%)
     
  • 人民幣

    0.9264
    +0.0003 (+0.03%)
     
  • 道指

    38,675.68
    +450.02 (+1.18%)
     
  • 標普 500

    5,127.79
    +63.59 (+1.26%)
     
  • 納指

    16,156.33
    +315.37 (+1.99%)
     
  • 日圓

    0.0508
    +0.0002 (+0.45%)
     
  • 歐元

    8.3999
    +0.0220 (+0.26%)
     
  • 英鎊

    9.7970
    +0.0050 (+0.05%)
     
  • 紐約期油

    77.99
    -0.96 (-1.22%)
     
  • 金價

    2,310.10
    +0.50 (+0.02%)
     
  • Bitcoin

    64,089.87
    +214.54 (+0.34%)
     
  • CMC Crypto 200

    1,325.49
    +48.51 (+3.80%)
     

Compared to Estimates, Edwards Lifesciences (EW) Q1 Earnings: A Look at Key Metrics

Edwards Lifesciences (EW) reported $1.6 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 9.5%. EPS of $0.66 for the same period compares to $0.62 a year ago.

The reported revenue represents a surprise of +1.43% over the Zacks Consensus Estimate of $1.58 billion. With the consensus EPS estimate being $0.64, the EPS surprise was +3.13%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

廣告

Here is how Edwards Lifesciences performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Net Sales- Outside of the United States: $657.50 million compared to the $668.43 million average estimate based on three analysts. The reported number represents a change of +7.7% year over year.

  • Net Sales- United States: $940.70 million compared to the $912.40 million average estimate based on three analysts. The reported number represents a change of +10.8% year over year.

  • Net Sales- Japan: $110.80 million compared to the $121.77 million average estimate based on two analysts. The reported number represents a change of -2.9% year over year.

  • Net Sales- Europe: $367.80 million compared to the $371.73 million average estimate based on two analysts. The reported number represents a change of +11.1% year over year.

  • Net Sales- Rest of World: $178.90 million versus $176.68 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +8.2% change.

  • Net Sales- Transcatheter Aortic Valve Replacement: $1.01 billion compared to the $1.02 billion average estimate based on nine analysts. The reported number represents a change of +6.3% year over year.

  • Net Sales- Critical Care: $251.30 million compared to the $232.12 million average estimate based on nine analysts. The reported number represents a change of +13.3% year over year.

  • Net Sales- Surgical Structural Heart: $266.10 million versus $256.03 million estimated by nine analysts on average. Compared to the year-ago quarter, this number represents a +7.2% change.

  • Net Sales- Transcatheter Mitral and Tricuspid Therapies: $72.90 million versus the nine-analyst average estimate of $66.86 million. The reported number represents a year-over-year change of +75.2%.

View all Key Company Metrics for Edwards Lifesciences here>>>

Shares of Edwards Lifesciences have returned -6.9% over the past month versus the Zacks S&P 500 composite's -3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Edwards Lifesciences Corporation (EW) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research