Intuitive Surgical (ISRG) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates

Core Insights - Analysts project Intuitive Surgical, Inc. (ISRG) will report quarterly earnings of $1.65 per share, a 13% increase year over year, with revenues expected to reach $2.02 billion, reflecting a 15.6% growth from the same quarter last year [1] Revenue Estimates - Consensus estimates for 'Revenue- Product (Instruments and accessories and Systems)' are projected at $1.66 billion, indicating a 14.5% increase from the prior-year quarter [2] - 'Revenue- Services' is expected to be $332.33 million, showing a year-over-year change of 13.5% [2] - 'Revenue- Systems' is estimated at $418.90 million, representing a 10.4% increase from the previous year [2] Additional Revenue Metrics - 'Revenue- Instruments and accessories' is projected to reach $1.24 billion, suggesting a 16% year-over-year change [3] - 'Total System Units Placed - Total Company' is forecasted to be 318, up from 312 in the same quarter last year [3] - The 'Da Vinci Surgical System Installed Base' is estimated at 9,500, compared to 8,285 a year ago [3] - 'Total System Units Placed - United States' is expected to be 166, an increase from 159 in the previous year [3] Profit and Cost Estimates - 'Gross profit- Service' is projected at $225.36 million, up from $205.90 million in the same quarter last year [3] - 'Gross profit- Product' is expected to reach $1.10 billion, compared to $961.30 million a year ago [4] - 'Cost of revenue- Service' is estimated at $98.89 million, up from $87 million in the same quarter last year [4] - 'Cost of revenue- Product' is projected at $538.57 million, compared to $489.50 million a year ago [4] Stock Performance - Over the past month, Intuitive Surgical shares have recorded a return of -1%, while the Zacks S&P 500 composite has changed by +4.9% [4]