Edwards Lifesciences expects COVID-19 to subtract half a billion dollars from sales, stock gains [MarketWatch]
Edwards Lifesciences Corporation (EW)
Last edwards lifesciences corporation earnings: 4/23 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
ir.edwards.com
Company Research
Source: MarketWatch
Edwards Lifesciences Corp. announced Thursday that sales and profit for the first quarter came in higher than expectations despite COVID-19, sending shares higher even while detailing the financial hit the pandemic will have on its finances. The medical-device company focused on heart procedures reported first-quarter profit of $310.6 million, or $1.47 a share, on sales of $1.13 billion, up from $993 million a year ago. After adjusting for litigation expenses and other costs, the company reported earnings of $1.51 a share, up from $1.32 a share a year ago. Analysts on average expected adjusted earnings of $1.32 a share on sales of $1.08 billion, according to FactSet. Edwards also revealed that it now expects full-year sales of $4 billion to $4.5 billion, after previously guiding for 2020 revenue of $4.6 billion to $5 billion. Earnings are now expected to be $4.75 to $5.25 a share, down from previous guidance of $6.15 to $6.40 a share. "The company assumes the impact of COVID-19 on sal
Show less
Read more
Impact Snapshot
Event Time:
EW
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
EW alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
EW alerts
High impacting Edwards Lifesciences Corporation news events
Weekly update
A roundup of the hottest topics
EW
News
- Edwards Lifesciences' Long-term Business Outlook Appears Achievable, RBC Says [Yahoo! Finance]Yahoo! Finance
- Edwards Lifesciences (NYSE:EW) was given a new $92.00 price target on by analysts at UBS Group AG.MarketBeat
- Edwards Lifesciences (NYSE:EW) had its price target raised by analysts at Royal Bank Of Canada from $95.00 to $100.00. They now have an "outperform" rating on the stock.MarketBeat
- Edwards Lifesciences (NYSE:EW) was given a new $100.00 price target on by analysts at Stifel Nicolaus.MarketBeat
- Edwards Lifesciences (NYSE:EW) was given a new $92.00 price target on by analysts at Truist Financial Corporation.MarketBeat
EW
Earnings
- 10/30/25 - Beat
EW
Sec Filings
- 11/13/25 - Form 4
- 11/12/25 - Form 144
- 11/10/25 - Form 4
- EW's page on the SEC website