ICU Medical Inc reports results for the quarter ended in June - Earnings Summary

ICU Medical

08/08/2024 24:48

* ICU Medical Inc  ICUI.OQ  reported quarterly adjusted
earnings
of $1.56​​ per share for the quarter ended in June, lower than
the same quarter last year, when the company reported EPS of
$1.88.  The mean expectation of five analysts for the quarter
was for earnings of $1.00 per share. Wall Street expected
results to range from 88 cents to $1.07 per share.
    * Revenue rose 8.6% to $580.98 million from a year ago;
analysts
expected $553.70 million. 
    * ICU Medical Inc's reported EPS for the quarter was a loss
of 88
cents​.
    * The company reported a quarterly loss of $21.41 million.
    * ICU Medical Inc shares had risen by 4.2% this quarter and
gained 24.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 also "buy"

Wall Street's median 12-month price target for ICU Medical Inc
is $135.50 
This summary was machine generated from LSEG data August 7 at
11:47 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      1.00           1.56           Beat
 Mar. 31 2024      0.82           0.96           Beat
 Dec. 31 2023      1.19           1.57           Beat
 Sep. 30 2023      1.39           1.57           Beat