Enovis Corp reports results for the quarter ended in June - Earnings Summary

Enovis

03/08/2023 14:33

* Enovis Corp  ENOV.N  reported quarterly adjusted earnings
of 61
cents​​ per share for the quarter ended in June. The mean
expectation of seven analysts for the quarter was for earnings
of 52 cents per share.
    * Revenue rose 8.4% to $428.50 million from a year ago;
analysts
expected $419.97 million. 
    * Enovis Corp's reported EPS for the quarter was a loss
of 18
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Enovis Corp shares had fallen by 2.0% this quarter and
gained 17.4% so far this year.
    * The company reported a quarterly loss of $10 million.
    * Wall Street's median 12-month price target for Enovis Corp
is
$68.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 01:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.52           0.61           Beat
 Mar. 31 2023      0.37           0.44           Beat
 Dec. 31 2022      0.66           0.72           Beat
 Sep. 30 2022      0.48           0.59           Beat