Conmed Corp reports results for the quarter ended in December - Earnings Summary

Conmed

26/01/2022 22:52

* Conmed Corp  CNMD.N  reported quarterly adjusted earnings
of
$1.07​​ per share for the quarter ended in December. The mean
expectation of six analysts for the quarter was for earnings of
$1.03 per share.
    * Revenue rose 8.4% to $273.97 million from a year ago; 
analysts
expected $275.82 million. 
    * Conmed Corp's reported EPS for the quarter was 75 cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.5%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Conmed Corp shares had fallen by 12.5% this quarter.
    * The company reported quarterly net income of $24.44
million.
    * Wall Street's median 12-month price target for Conmed Corp
is
$160.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated January 26 at 10:51 p.m.
 ​All figures in US dollars unless otherwise stated