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Will ICU Medical (ICUI) Beat Estimates Again in Its Next Earnings Report?
ICU MedicalICU Medical(US:ICUI) ZACKS·2024-10-18 17:16

Group 1 - ICU Medical has consistently beaten earnings estimates, with an average surprise of 36.73% over the last two quarters [1] - In the most recent quarter, ICU Medical reported earnings of $1.56 per share, exceeding the expected $0.98 per share by 59.18% [1] - For the previous quarter, the company reported $0.96 per share against an estimate of $0.84 per share, resulting in a surprise of 14.29% [1] Group 2 - Earnings estimates for ICU Medical have been trending higher, supported by its history of earnings surprises [2] - The stock has a positive Zacks Earnings ESP of +2.67%, indicating bullish sentiment among analysts regarding its near-term earnings potential [3] - The combination of a positive Earnings ESP and a Zacks Rank 3 (Hold) suggests a high likelihood of another earnings beat [2][3] Group 3 - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [3] - A negative Earnings ESP does not necessarily indicate an earnings miss but can reduce the predictive power of the metric [3] - It is important for investors to check a company's Earnings ESP before quarterly releases to improve the chances of success [4]