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0 0 0.000287604256543008 -0.00115041702617189 0.000479340427571634 0.00239670213785831 0.00596299491899147 0.00258843830888693
Stock impact report

Globus Medical (GMED) Down 5.8% Since Last Earnings Report: Can It Rebound? [Yahoo! Finance]

Globus Medical, Inc. Class A (GMED) 
Last globus medical, inc. class a earnings: 2/20 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.globusmedical.com
Company Research Source: Yahoo! Finance
Will the recent negative trend continue leading up to its next earnings release, or is Globus Medical due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Globus Medical Q4 Earnings Surpass, Margins Down Globus Medical reported adjusted earnings per share of 60 cents in the fourth quarter of 2023, beating the Zacks Consensus Estimate by 1.7%. The metric increased 1.7% year over year. The adjusted earnings per share excludes certain non-recurring expenses and benefits like the amortization of intangibles, acquisition-related costs/licensing and provision for litigation, among others. Without adjustments, the company registered a GAAP diluted earnings per share of 11 cents, up from the year-ago figure of 49 cents. For the full year, adjusted earnings were $2.32 per share, 12.6% up from the year-ago period. The metric came Show less Read more
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