Integer Holdings Corp reports results for the quarter ended in March - Earnings Summary

Integer Holdings

25/04/2024 17:01

* Integer Holdings Corp  ITGR.N  reported quarterly adjusted
earnings of $1.14​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of 87 cents.  The mean expectation of
eight analysts for the quarter was for earnings of $1.11 per
share. Wall Street expected results to range from $1.00 
to $1.16 per share.
    * Revenue rose 9.5% to $414.81 million from a year ago;
analysts
expected $412.83 million. 
    * Integer Holdings Corp's reported EPS for the quarter was
59
cents​.
    * The company reported quarterly net income of $20.51
million.
    * Integer Holdings Corp shares had risen by 5.6% this
quarter and
gained 24.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4.7%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the advanced
medical
equipment & technology peer group is also "buy"

Wall Street's median 12-month price target for Integer Holdings
Corp is $130.00 
This summary was machine generated from LSEG data April 25 at
04:01 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      1.11           1.14           Beat
 Dec. 31 2023      1.33           1.39           Beat
 Sep. 30 2023      1.10           1.27           Beat
 Jun. 30 2023      1.00           1.14           Beat