Globus Medical, Inc. (GMED) Hits Fresh High: Is There Still Room to Run?
Globus Medical(GMED) ZACKS·2024-07-12 14:15
What's Driving the Outperformance? For the current fiscal year, Globus Medical is expected to post earnings of $2.82 per share on $2.48 billion in revenues. This represents a 21.55% change in EPS on a 57.96% change in revenues. For the next fiscal year, the company is expected to earn $3.32 per share on $2.65 billion in revenues. This represents a year-over-year change of 17.73% and 6.97%, respectively. Globus Medical may be at a 52-week high right now, but what might the future hold for the stock? A key as ...