Integra Lifesciences Holdings Corp reports results for the quarter ended in December - Earnings Summary

Integra LifeSciences Holdings

28/02/2024 16:37

* Integra Lifesciences Holdings Corp  IART.OQ  reported
quarterly
adjusted earnings of 89 cents​​ per share for the quarter ended
in December, lower than the same quarter last year, when the
company reported EPS of 94 cents.  The mean expectation of
thirteen analysts for the quarter was for earnings of 90 cents
per share. Wall Street expected results to range from 89 cents
to 92 cents per share.
    * Revenue fell 0.2% to $397.04 million from a year ago;
analysts
expected $399.34 million. 
    * Integra Lifesciences Holdings Corp's reported EPS for the
quarter was 25 cents​.
    * The company reported quarterly net income of $19.83
million.
    * Integra Lifesciences Holdings Corp shares had risen
by 1.7% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.1%
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 "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"hold" and 4 "sell" or "strong sell." 
    * The average consensus recommendation for the medical
equipment,
supplies & distribution peer group is also "hold"

Wall Street's median 12-month price target for Integra
Lifesciences Holdings Corp is $47.50 
This summary was machine generated from LSEG data February 28 at
04:36 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
 Dec. 31 2023      0.90           0.89           Missed
 Sep. 30 2023      0.78           0.76           Missed
 Jun. 30 2023      0.57           0.71           Beat
 Mar. 31 2023      0.74           0.74           Met