Enovis Corp expected to post earnings of 59 cents a share - Earnings Preview

Enovis

05/08/2024 16:37

* Enovis Corp  ENOV.N   ENOV.K  is expected to show a rise
in
quarterly revenue when it reports  results on August 7 for the
period ending January 1 0001
    * The Wilmington Delaware-based  company is expected to
report a
22.8% increase in revenue to $526.009 million from $428.5
million a year ago, according to the mean estimate from 11
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Enovis Corp is for
earnings of
59 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 2
"hold" and no "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 Enovis Corp
is
$75.00​, above​ its last closing price of $45.40. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.49        0.48       0.50      Beat    3.4
 Dec. 31 2024  0.74        0.74       0.79      Beat    6.7
 Sep. 30 2023  0.54        0.54       0.56      Beat    3.9​
 Jun. 30 2023  0.52        0.52       0.61      Beat    17
 ​​Mar.        0.37        0.37       0.44      Beat    18.3
 31 2023                                                
 Dec. 31 2022  0.65        0.66       0.72      Beat    9.8​
 Sep. 30 2022  0.48        0.48       0.59      Beat    22.9
 Jun. 30 2022  0.50        0.50       0.59      Beat    18
 This summary was machine generated August 5 at 15:37 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)