Teleflex Inc reports results for the quarter ended in September 30 - Earnings Summary

Teleflex Incorporated

01/11/2024 03:34

* Teleflex Inc  TFX.N  reported quarterly adjusted earnings
of
$3.49​​ per share for the quarter ended September 30, lower than
the same quarter last year, when the company reported EPS of
$3.64.  The mean expectation of fourteen analysts for the
quarter was for earnings of $3.39 per share. Wall Street
expected results to range from $3.32  to $3.48 per share.
    * Revenue rose 2.4% to $764.38 million from a year ago;
analysts
expected $769.60 million. 
    * Teleflex Inc's reported EPS for the quarter was $2.36​.
    * The company reported quarterly net income of $111 million.
    * Teleflex Inc shares had fallen by 4.9% this quarter and
lost 5.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 7 "strong buy" or "buy," 8
"hold" and no "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 Teleflex Inc is
$252.50 
This summary was machine generated from LSEG data November 1 at
03:33 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
 Sep. 30 2024      3.39           3.49           Beat
 Jun. 30 2024      3.07           3.42           Beat
 Mar. 31 2024      3.07           3.21           Beat
 Dec. 31 2023      3.26           3.38           Beat