ISRG Likely to Beat Q4 Expectations: How to Play the Stock?

Intuitive Surgical, Inc. (ISRG) is set to report fourth-quarter 2024 earnings on Jan. 23. The Zacks Consensus Estimate for sales and earnings is pegged at $2.41 billion and $1.77 per share, respectively. Earnings per share estimates for ISRG increased 1 cent to $6.67 and $7.66 for 2024 and 2025, respectively, over the past 30 days. Per the preliminary fourth-quarter results announced earlier this month, the company’s top-line is anticipated to increase 25%.Intuitive Surgical’s close peers, namely Thermo Fis ...