Teleflex Inc expected to post earnings of $3.33 a share - Earnings Preview

Teleflex Incorporated

30/07/2024 19:59

* Teleflex Inc  TFX.N   TFX  is expected to show a rise in
quarterly revenue when it reports  results on August 1 for the
period ending June 30 2024
    * The Wayne Pennsylvania-based  company is expected to
report a
2.9% increase in revenue to $764.562 million from $743.26
million a year ago, according to the mean estimate from 13
analysts, based on LSEG data.The company's guidance on May 14
2024, for the period ended June 30, was for revenue between
$760.00 million and $765.00 million.
    * ​LSEG's mean analyst estimate for Teleflex Inc is for
earnings
of $3.33 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Teleflex
Inc is
$244.45​, above​ its last closing price of $222.63. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  3.27        3.07       3.21      Beat    4.5
 Jan. 1 2024   3.27        3.26       3.38      Beat    3.5
 Sep. 30 2023  3.26        3.27       3.64      Beat    11.3​
 Jun. 30 2023  3.20        3.21       3.41      Beat    6.3
 ​​Jan.        2.98        2.97       3.09      Beat    4.1
 1 0001                                                 
 Dec. 31 2022  3.45        3.44       3.52      Beat    2.3​
 Sep. 30 2022  3.12        3.11       3.27      Beat    5
 Jun. 30 2022  3.33        3.35       3.39      Beat    1.3
 This summary was machine generated July 30 at 18:58 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)