Workflow
Globus Medical (GMED) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
GMEDGlobus Medical(GMED) ZACKS·2024-08-06 23:00

Globus Medical (GMED) reported 629.69millioninrevenueforthequarterendedJune2024,representingayearoveryearincreaseof115.9629.69 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 115.9%. EPS of 0.75 for the same period compares to 0.63ayearago.Thereportedrevenuerepresentsasurpriseof+2.390.63 a year ago. The reported revenue represents a surprise of +2.39% over the Zacks Consensus Estimate of 615 million. With the consensus EPS estimate being $0.68, the EPS surprise was +10.29%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...