Inspire Medical Systems Inc reports results for the quarter ended December 31 - Earnings Summary

• Inspire Medical Systems Inc INSP.N reported quarterly adjusted earnings of $1.15​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 49 cents. The mean expectation of eighteen analysts for the quarter was for earnings of 73 cents per share. Wall Street expected results to range from 63 cents to 82 cents per share.

• Revenue rose 24.5% to $239.72 million from a year ago; analysts expected $237.00 million.

• Inspire Medical Systems Inc's reported EPS for the quarter was $1.15​.

• The company reported quarterly net income of $35.22 million.

• Inspire Medical Systems Inc shares had fallen by 1.7% 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 14 "strong buy" or "buy," 5 "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 Inspire Medical Systems Inc is $234.00

This summary was machine generated from LSEG data February 10 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)