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Integer (ITGR) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
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For the quarter ended June 2024, Integer (ITGR - Free Report) reported revenue of $436.2 million, up 9% over the same period last year. EPS came in at $1.30, compared to $1.14 in the year-ago quarter.
The reported revenue represents a surprise of -0.44% over the Zacks Consensus Estimate of $438.15 million. With the consensus EPS estimate being $1.24, the EPS surprise was +4.84%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
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.
Here is how Integer performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Sales- Non-Medical: $8.82 million versus $8.52 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -19.3% change.
Sales- Medical Sales- Cardiac Rhythm Management & Neuromodulation: $167.64 million versus the five-analyst average estimate of $168.14 million. The reported number represents a year-over-year change of +9.3%.
Sales- Medical Sales- Advanced Surgical, Orthopedics & Portable Medical: $28.41 million versus the five-analyst average estimate of $25.06 million. The reported number represents a year-over-year change of +4.4%.
Sales- Medical Sales- Cardio & Vascular: $231.34 million versus the five-analyst average estimate of $236.43 million. The reported number represents a year-over-year change of +11%.
Sales- Total Medical Sales: $427.38 million compared to the $429.74 million average estimate based on four analysts. The reported number represents a change of +9.8% year over year.
Shares of Integer have returned +8.5% over the past month versus the Zacks S&P 500 composite's -0.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Integer (ITGR) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
For the quarter ended June 2024, Integer (ITGR - Free Report) reported revenue of $436.2 million, up 9% over the same period last year. EPS came in at $1.30, compared to $1.14 in the year-ago quarter.
The reported revenue represents a surprise of -0.44% over the Zacks Consensus Estimate of $438.15 million. With the consensus EPS estimate being $1.24, the EPS surprise was +4.84%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
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.
Here is how Integer performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Sales- Non-Medical: $8.82 million versus $8.52 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -19.3% change.
- Sales- Medical Sales- Cardiac Rhythm Management & Neuromodulation: $167.64 million versus the five-analyst average estimate of $168.14 million. The reported number represents a year-over-year change of +9.3%.
- Sales- Medical Sales- Advanced Surgical, Orthopedics & Portable Medical: $28.41 million versus the five-analyst average estimate of $25.06 million. The reported number represents a year-over-year change of +4.4%.
- Sales- Medical Sales- Cardio & Vascular: $231.34 million versus the five-analyst average estimate of $236.43 million. The reported number represents a year-over-year change of +11%.
- Sales- Total Medical Sales: $427.38 million compared to the $429.74 million average estimate based on four analysts. The reported number represents a change of +9.8% year over year.
View all Key Company Metrics for Integer here>>>Shares of Integer have returned +8.5% over the past month versus the Zacks S&P 500 composite's -0.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.