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EW — Edwards Lifesciences News Story

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Edwards Lifesciences Corp expected to post earnings of 55 cents a share - Earnings Preview

* Edwards Lifesciences Corp  EW.N   EW  is expected to show
a fall
in quarterly revenue when it reports  results on February 11 for
the period ending December 31 2024
    * The Irvine California-based  company is expected to report
a
11.5% decrease in revenue to $1.358 billion from $1.53 billion a
year ago, according to the mean estimate from 24 analysts, based
on LSEG data.The company's guidance on October 24 2024, for the
period ended December 31, was for revenue between $1.33 billion
and $1.39 billion.
    * ​LSEG's mean analyst estimate for Edwards Lifesciences
Corp is
for earnings of 55 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 15 "strong buy" or "buy," 18
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Edwards
Lifesciences Corp is $78.07​, above​ its last closing price
of $70.99. ​​​

The company's guidance on October 24 2024 for the period ended
December 31 was for gross profit margin of USD78%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.63        0.64       0.67      Beat    4.6
 Jun. 30 2024  0.70        0.69       0.70      Beat    0.9
 Mar. 31 2024  0.64        0.64       0.66      Beat    2.7​
 Dec. 31 2023  0.64        0.64       0.64      Met     0.4
 ​​Sep.        0.59        0.59       0.59      Met     -0.4
 30 2023                                                
 Jun. 30 2023  0.65        0.65       0.66      Beat    2​
 Mar. 31 2023  0.61        0.61       0.62      Beat    2.1
 Dec. 31 2022  0.62        0.61       0.64      Beat    4.5
 This summary was machine generated February 7 at 21:18 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)

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