Will Merit Medical (MMSI) Beat Estimates Again in Its Next Earnings Report?

Core Insights - Merit Medical (MMSI) has a strong track record of exceeding earnings estimates, particularly in the last two quarters, with an average surprise of 6.02% [1][3] - The company reported earnings of $0.86 per share for the last quarter, surpassing the Zacks Consensus Estimate of$0.80 per share by 7.50% [2] - The positive Earnings ESP of +3.03% indicates that analysts are optimistic about Merit Medical's near-term earnings potential, combined with a Zacks Rank of 2 (Buy) [6] Earnings Performance - In the previous quarter, Merit Medical's earnings were $0.92 per share against an expected$0.88, resulting in a surprise of 4.55% [2] - The favorable change in earnings estimates reflects analysts' growing confidence in the company's performance [3] Earnings ESP and Predictions - The Zacks Earnings ESP is a valuable metric that compares the Most Accurate Estimate to the Zacks Consensus Estimate, suggesting that recent analyst revisions may provide more accurate predictions [5] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [4] Upcoming Earnings Report - Merit Medical's next earnings report is anticipated to be released on February 25, 2025, and the current indicators suggest a potential earnings beat [6]