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

Conmed

27/10/2021 22:46

* Conmed Corp  CNMD.N  reported quarterly adjusted earnings of
80 cents​​ per share for the quarter ended in September. The
mean expectation of seven analysts for the quarter was
for earnings of 75 cents per share.
* Revenue rose 4.6% to $248.83 million from a year ago; 
analysts expected $255.25 million. 
* Conmed Corp's reported EPS for the quarter was 47 cents​.
* The mean earnings estimate of analysts had fallen by
about 3.8% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Conmed Corp shares had risen by 9.7% this quarter and
gained 28.1% so far this year.
* The company reported quarterly net income of $14.95 million.
* Wall Street's median 12-month price target for Conmed Corp is
$162.50 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
This summary was machine generated October 27 at 09:45 p.m.
 ​All figures in US dollars unless otherwise stated