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OSI Systems (OSIS) Q2 Earnings and Revenues Surpass Estimates
OSISOSI Systems(OSIS) ZACKS·2025-01-23 15:41

Earnings Performance - OSI Systems reported quarterly earnings of 242pershare,beatingtheZacksConsensusEstimateof2 42 per share, beating the Zacks Consensus Estimate of 2 35 per share, representing a 2 98% earnings surprise [1] - The company's earnings increased from 221pershareayearago,withadjustmentsfornon−recurringitems[1]−Inthepreviousquarter,OSISystemsdelivereda17922 21 per share a year ago, with adjustments for non-recurring items [1] - In the previous quarter, OSI Systems delivered a 17 92% earnings surprise, posting 1 25 per share against an expected 106pershare[1]−Overthelastfourquarters,thecompanyhasconsistentlysurpassedconsensusEPSestimates[2]RevenuePerformance−OSISystemspostedrevenuesof1 06 per share [1] - Over the last four quarters, the company has consistently surpassed consensus EPS estimates [2] Revenue Performance - OSI Systems posted revenues of 419 82 million for the quarter ended December 2024, exceeding the Zacks Consensus Estimate by 3 62% [2] - This represents an increase from year-ago revenues of 37324million[2]−Thecompanyhastoppedconsensusrevenueestimatesineachofthelastfourquarters[2]StockPerformanceandMarketComparison−OSIshareshavegained09373 24 million [2] - The company has topped consensus revenue estimates in each of the last four quarters [2] Stock Performance and Market Comparison - OSI shares have gained 0 9% since the beginning of the year, underperforming the S&P 500's gain of 3 5% [3] - The stock's immediate price movement will depend on management's commentary during the earnings call [3] Earnings Outlook and Estimate Revisions - The current consensus EPS estimate for the coming quarter is 2 47 on 43593millioninrevenues[7]−Forthecurrentfiscalyear,theconsensusEPSestimateis435 93 million in revenues [7] - For the current fiscal year, the consensus EPS estimate is 9 13 on 168billioninrevenues[7]−TheestimaterevisionstrendforOSIisfavorable,translatingintoaZacksRank2(Buy)[6]−Empiricalresearchshowsastrongcorrelationbetweennear−termstockmovementsandearningsestimaterevisions[5]IndustryContext−OSISystemsbelongstotheZacksElectronics−MiscellaneousComponentsindustry,whichiscurrentlyinthebottom431 68 billion in revenues [7] - The estimate revisions trend for OSI is favorable, translating into a Zacks Rank 2 (Buy) [6] - Empirical research shows a strong correlation between near-term stock movements and earnings estimate revisions [5] Industry Context - OSI Systems belongs to the Zacks Electronics - Miscellaneous Components industry, which is currently in the bottom 43% of Zacks industries [8] - The top 50% of Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1 [8] Peer Performance - TTM Technologies, another company in the same industry, is expected to report quarterly earnings of 0 47 per share, a year-over-year increase of 14 6% [9] - The consensus EPS estimate for TTM Technologies has been revised 1 7% higher over the last 30 days [9] - TTM Technologies' revenues are expected to be $627 67 million, up 10 3% from the year-ago quarter [10]