Merit Medical Systems Inc reports results for the quarter ended March 31 - Earnings Summary
Merit Medical Systems Inc reports results for the quarter ended March 31 - Earnings Summary
Merit Medical Systems Inc MMSI.OQ reported quarterly adjusted earnings of 94 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 86 cents. The mean expectation of eleven analysts for the quarter was for earnings of 96 cents per share. Wall Street expected results to range from 81 cents to 85 cents per share.
Revenue rose 7.5% to $381.88 million from a year ago; analysts expected $377.63 million.
Merit Medical Systems Inc's reported EPS for the quarter was 68 cents.
The company reported quarterly net income of $38.8 million.
Merit Medical Systems Inc shares had risen by 20.2% this quarter and lost 5.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 15.2% in the last three months.
In the last 30 days, eleven analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 2 "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 Merit Medical Systems Inc is $90.00, about 7.4% above its last closing price of $83.35
This summary was machine generated from LSEG data July 31 at 05:57 a.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 2026 | 0.83 | 0.94 | Beat |
Dec. 31 2025 | 0.95 | 1.04 | Beat |
Sep. 30 2025 | 0.95 | 1.04 | Beat |
Jun. 30 2025 | 0.85 | 1.01 | Beat |
Recent news on Merit Medical Systems
See all newsMerit Medical Systems Inc reports results for the quarter ended March 31 - Earnings Summary
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