Masimo Corp expected to post earnings of 76 cents a share - Earnings Preview

Masimo

03/08/2024 02:15

* Masimo Corp  MASI.OQ   MASI.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 6 for the
period ending January 1 0001
    * The Irvine California-based  company is expected to report
a
8.4% increase in revenue to $493.559 million from $455.3 million
a year ago, according to the mean estimate from 7 analysts,
based on LSEG data.The company's guidance on July 9 2024, for
the period ended June 30, was for revenue of $496.000 million.
    * ​LSEG's mean analyst estimate for Masimo Corp is for
earnings of
76 cents per share. The company's EPS guidance on May 7 2024,
for the period ended June 30, was between $0.73 and $0.79 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Masimo Corp
is
$160.00​, above​ its last closing price of $106.34. ​​​

The company's guidance on May 7 2024 for the period ended June
30 was for Earnings before Interest and Taxes between USD67
million and USD72 million.
This summary was machine generated August 3 at 01:15 GMT.  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)