Globus Medical (GMED) Earnings Date, Estimates & Call Transcripts

$64.72
+0.36 (+0.56%)
(As of 05/10/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Aug. 1Estimated
Actual EPS
(May. 7)
$0.72 Beat By $0.17
Consensus EPS
(May. 7)
$0.55
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GMED Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

GMED Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Globus Medical Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20242$0.49$0.56$0.53 
Q2 20242$0.66$0.73$0.70 
Q3 20242$0.64$0.67$0.66 
Q4 20242$0.68$0.75$0.72 
FY 20248$2.47$2.71$2.59 
Q1 20252$0.70$0.81$0.76 
Q2 20252$0.80$0.80$0.80 
Q3 20252$0.72$0.81$0.77 
Q4 20252$0.67$0.96$0.82 
FY 20258$2.89$3.38 $3.14

GMED Earnings Date and Information

Globus Medical last announced its earnings results on May 7th, 2024. The medical device company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.17. The firm earned $606.67 million during the quarter, compared to the consensus estimate of $586.82 million. Its quarterly revenue was up 119.3% compared to the same quarter last year. Globus Medical has generated $0.64 earnings per share over the last year ($0.64 diluted earnings per share) and currently has a price-to-earnings ratio of 101.1. Earnings for Globus Medical are expected to grow by 17.08% in the coming year, from $2.81 to $3.29 per share. Globus Medical has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, August 1st, 2024 based off prior year's report dates.

Globus Medical Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
8/1/2024
Estimated)
------- 
5/7/2024Q1 2024$0.55$0.72+$0.17$1.49$586.82 million$606.67 million    
2/20/2024Q4 2023$0.59$0.60+$0.01$1.09$608.21 million$616.53 million    
11/7/2023Q3 2023$0.54$0.57+$0.03$1.13$306.78 million$383.60 million    
8/3/2023Q2 2023$0.60$0.63+$0.03$0.69$279.54 million$291.62 million    
5/4/2023Q1 2023$0.51$0.53+$0.02$0.58$254.05 million$276.90 million    
2/21/2023Q4 2022$0.55$0.59+$0.04$0.69$276.40 million$274.50 million    
11/8/2022Q3 2022$0.52$0.50($0.02)$0.53$252.94 million$254.15 million
8/4/2022Q2 2022$0.54$0.56+$0.02$0.59$258.48 million$263.65 million
5/10/2022Q1 2022$0.46$0.42($0.04)$0.47$232.88 million$230.55 million    
2/17/2022Q4 2021$0.48$0.49+$0.01$0.84$243.93 million$250.02 million    
11/4/2021Q3 2021$0.45$0.50+$0.05$0.55$228.28 million$229.72 million    
8/4/2021Q2 2021$0.44$0.56+$0.12$0.72$225.50 million$251.02 million    

Globus Medical Earnings - Frequently Asked Questions

When is Globus Medical's earnings date?

Globus Medical has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, August 1st, 2024 based off last year's report dates. Learn more on GMED's earnings history.

Did Globus Medical beat their earnings estimates last quarter?

In the previous quarter, Globus Medical (NYSE:GMED) reported $0.72 earnings per share (EPS) to beat the analysts' consensus estimate of $0.55 by $0.17. Learn more on analysts' earnings estimate vs. GMED's actual earnings.

How can I listen to Globus Medical's earnings conference call?

The conference call for Globus Medical's latest earnings report can be listened to online. Listen to Conference Call

How can I read Globus Medical's conference call transcript?

The conference call transcript for Globus Medical's latest earnings report can be read online. Read Transcript

How much revenue does Globus Medical generate each year?

Globus Medical (NYSE:GMED) has a recorded annual revenue of $1.57 billion.

How much profit does Globus Medical generate each year?

Globus Medical (NYSE:GMED) has a recorded net income of $122.87 million. GMED has generated $0.64 earnings per share over the last four quarters.

What is Globus Medical's price-to-earnings ratio?

Globus Medical (NYSE:GMED) has a trailing price-to-earnings ratio of 101.13 and a forward price-to-earnings ratio of 23.03. The price/earnings-to-growth ratio is 1.8.

What is Globus Medical's EPS forecast for next year?

Globus Medical's earnings are expected to grow from $2.81 per share to $3.29 per share in the next year, which is a 17.08% increase.


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This page (NYSE:GMED) was last updated on 5/12/2024 by MarketBeat.com Staff

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