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

ICU Medical

08/05/2024 24:52

* ICU Medical Inc  ICUI.OQ  reported quarterly adjusted
earnings
of 96 cents​​ per share for the quarter ended in March, lower
than the same quarter last year, when the company reported EPS
of $1.74.  The mean expectation of four analysts for the quarter
was for earnings of 82 cents per share. Wall Street expected
results to range from 76 cents to 89 cents per share.
    * Revenue fell 0.6% to $552.58 million from a year ago;
analysts
expected $552.25 million. 
    * ICU Medical Inc's reported EPS for the quarter was a loss
of
$1.63​.
    * The company reported a quarterly loss of $39.47 million.
    * ICU Medical Inc shares had fallen by 6.2% this quarter and
gained 1.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 8.4%
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 3 "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 $136.00 
This summary was machine generated from LSEG data May 7 at 11:52
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
 Mar. 31 2024      0.82           0.96           Beat
 Dec. 31 2023      1.19           1.57           Beat
 Sep. 30 2023      1.39           1.57           Beat
 Jun. 30 2023      1.60           1.88           Beat