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Stock impact report

Globus Medical Full Year 2023 Earnings: EPS Misses Expectations [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
Net income: US$122.9m (down 35% from FY 2022). Profit margin: 7.8% (down from 19% in FY 2022). EPS: US$1.09 (down from US$1.89 in FY 2022). All figures shown in the chart above are for the trailing 12 month (TTM) period Globus Medical EPS Misses Expectations Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 22%. Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Medical Equipment industry in the US. Performance of the American Medical Equipment industry. The company's shares are up 4.3% from a week ago. Risk Analysis We don't want to rain on the parade too much, but we did also find 3 warning signs for Globus Medical that you need to be mindful of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is genera Show less Read more
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