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Staar Surgical (STAA) Reports Q2 Earnings: What Key Metrics Have to Say
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For the quarter ended June 2024, Staar Surgical (STAA - Free Report) reported revenue of $99.01 million, up 7.3% over the same period last year. EPS came in at $0.33, compared to $0.40 in the year-ago quarter.
The reported revenue represents a surprise of +4.05% over the Zacks Consensus Estimate of $95.15 million. With the consensus EPS estimate being $0.25, the EPS surprise was +32.00%.
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 Staar Surgical performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Geographic sales- United States
: $5.40 million compared to the $4.75 million average estimate based on two analysts. The reported number represents a change of +24.2% year over year.
Net Geographic sales- Other International
: $20.33 million compared to the $16.69 million average estimate based on two analysts. The reported number represents a change of +11.6% year over year.
Net Geographic sales- China
: $63.40 million compared to the $65.44 million average estimate based on two analysts. The reported number represents a change of +3.4% year over year.
Net Geographic sales- Japan
: $9.89 million compared to the $8.34 million average estimate based on two analysts. The reported number represents a change of +17.5% year over year.
Net sales- ICLs
: $99.01 million versus the three-analyst average estimate of $95.42 million. The reported number represents a year-over-year change of +6.3%.
Shares of Staar Surgical have returned -8.6% over the past month versus the Zacks S&P 500 composite's -5.9% 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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Staar Surgical (STAA) Reports Q2 Earnings: What Key Metrics Have to Say
For the quarter ended June 2024, Staar Surgical (STAA - Free Report) reported revenue of $99.01 million, up 7.3% over the same period last year. EPS came in at $0.33, compared to $0.40 in the year-ago quarter.
The reported revenue represents a surprise of +4.05% over the Zacks Consensus Estimate of $95.15 million. With the consensus EPS estimate being $0.25, the EPS surprise was +32.00%.
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 Staar Surgical performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Staar Surgical here>>>Net Geographic sales- United States
: $5.40 million compared to the $4.75 million average estimate based on two analysts. The reported number represents a change of +24.2% year over year.Net Geographic sales- Other International
: $20.33 million compared to the $16.69 million average estimate based on two analysts. The reported number represents a change of +11.6% year over year.Net Geographic sales- China
: $63.40 million compared to the $65.44 million average estimate based on two analysts. The reported number represents a change of +3.4% year over year.Net Geographic sales- Japan
: $9.89 million compared to the $8.34 million average estimate based on two analysts. The reported number represents a change of +17.5% year over year.Net sales- ICLs
: $99.01 million versus the three-analyst average estimate of $95.42 million. The reported number represents a year-over-year change of +6.3%.Shares of Staar Surgical have returned -8.6% over the past month versus the Zacks S&P 500 composite's -5.9% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.