Med-tech Enovis beats Q3 sales estimates, hikes FY outlook

Enovis

06/11/2025 11:20

Overview

Enovis Q3 sales grow 9%, beating analyst expectations

Adjusted EPS for Q3 beats consensus

Company raises full-year 2025 adjusted EBITDA and EPS guidance

Outlook

Enovis expects 2025 revenue between $2.24 bln and $2.27 bln

Revenue guidance adjusted due to $15 mln reduction from Dr. Comfort divestitur

Company raises full-year 2025 adjusted EBITDA guidance to $395-405 mln

Enovis increases full-year 2025 adjusted EPS guidance to $3.10-3.25

Result Drivers

RECONSTRUCTIVE SALES - Reconstructive sales grew 12% year-over-year, driven by stable markets and new product momentum

GOODWILL IMPAIRMENT - Net loss impacted by a $548 mln non-cash goodwill impairment charge in Recon and P&R units

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$548.91 mln
$538.50 mln (11 Analysts)
Q3 Adjusted EPS
Beat
$0.75
$0.65 (11 Analysts)
Q3 Gross Margin
59.90%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy"

Wall Street's median 12-month price target for Enovis Corp is $52.50, about 40% above its November 5 closing price of $31.49

Press Release: ID:nGNX6x2q7w

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)