Intuitive Surgical Inc reports results for the quarter ended December 31 - Earnings Summary

• Intuitive Surgical Inc ISRG.OQ reported quarterly adjusted earnings of $2.21​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $1.60. The mean expectation of twenty five analysts for the quarter was for earnings of $1.79 per share. Wall Street expected results to range from $1.64 to $1.98 per share.

• Revenue rose 25.2% to $2.41 billion from a year ago; analysts expected $2.25 billion.

• Intuitive Surgical Inc's reported EPS for the quarter was $1.88​.

• The company reported quarterly net income of $685.7 million.

• Intuitive Surgical Inc shares had risen by 17.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.9% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 23 "strong buy" or "buy," 10 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the advanced medical equipment & technology peer group is also "buy"

Wall Street's median 12-month price target for Intuitive Surgical Inc is $575.00

This summary was machine generated from LSEG data January 23 at 10:01 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)