Intuitive Surgical, Inc. (ISRG) came out with quarterly earnings of $1.50 per share, beating the Zacks Consensus Estimate of $1.40 per share. This compares to earnings of $1.23 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.14%. A quarter ago, it was expected that this company would post earnings of $1.47 per share when it actually produced earnings of $1.60, delivering a surprise of 8.84%.Over the last four quarters, the c ...

Late Thursday, Intuitive Surgical (ISRG) stock was flat after the robotic surgery company reported adjusted earnings of $1.50 per share on $1.89 billion in first-quarter sales.X On average, analysts polled by FactSet expected the robotic surgery company to earn $1.42 a share and report $1.87 billion in sales. Notably, the number of procedures performed using Intuitive Surgical's bread-and-butter robot, da Vinci, climbed 16%. That beat expectations for 14.5%.In the year-earlier period, Intuitive Surgical ear ...

Exhibit 99.1 Contact: Investor Relations (408) 523-2161 INTUITIVE ANNOUNCES FIRST QUARTER EARNINGS SUNNYVALE, CALIF. April 18, 2024 – Intuitive (the “Company”) (Nasdaq: ISRG), a global technology leader in minimally invasive care and the pioneer of robotic-assisted surgery, today announced financial results for the quarter ended March 31, 2024. Q1 Highlights • Worldwide da Vinci procedures grew approximately 16% compared with the first quarter of 2023. • The Company placed 313 da Vinci surgical systems, com ...

“Past performance is not indicative of future results.”We’ve all heard this common disclosure in the financial industry.The truth is nothing is guaranteed. Stocks can experience drastic price moves – both positive and negative – in a very small window of time.In the financial markets, history rarely repeats itself exactly – but it often rhymes. And while past performance certainly can’t predict the future, we are privileged to have many decades of market statistics that can guide us in the current environme ...

Intuitive Surgical, Inc. (ISRG) is scheduled to release first-quarter 2024 results on Apr 18, after the closing bell.The company’s shares have risen 11.9% year to date compared with the industry’s 4.8% growth. The S&P 500 Index has gained 7.7% in the same time frame.In the last reported quarter, ISRG delivered an earnings surprise of 8.84%. Its earnings beat estimates in each of the trailing four quarters, delivering an average surprise of 5.83%.Image Source: Zacks Investment ResearchQ1 EstimatesThe Zacks C ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Intuitive Surgical, Inc. (ISRG) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Intuitive Surgical current ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Intuitive Surgical, Inc. (ISRG) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on April 18, 2024, might help the stock move higher if these key numbers are bett ...

Robotics stocks are becoming favorites among investors looking to buy quality, undervalued picks this season, thanks to the emergence of generative AI in 2024. The sound of robotics is not music to everyone’s ears — there is anxiety of what will happen to the job in these industries. However, rather than eliminating any jobs, it can enhance the work rate of a mediocre performer in a high-risk area like surgery. People will quote a Brookings survey when speaking to you about a potential robot takeover. The s ...

Intuitive Surgical, Inc. (ISRG) closed the most recent trading day at $390.96, moving +1.04% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.15%. Meanwhile, the Dow experienced a drop of 0.02%, and the technology-dominated Nasdaq saw an increase of 0.32%.Prior to today's trading, shares of the company had gained 2.12% over the past month. This has outpaced the Medical sector's loss of 4.03% and the S&P 500's gain of 1.65% in that time.Market participants ...

A price target of $462 might seem ambitious, but it certainly seems achievable.When it comes to robotic-assisted surgery, no one holds a candle to Intuitive Surgical (ISRG 0.28%), a technological leader and pioneer in the field. The company's da Vinci platform is the gold standard in robot-assisted laparoscopic surgery. Being at the top of its field has been lucrative for investors, as the stock has surged 51% over the past year.One Wall Street analyst believes there's still plenty of upside ahead.Numerous ...