Company Overview - Tandem Diabetes Care, Inc. (TNDM) shares increased by 7.6% to close at 0.60 per share, reflecting a year-over-year change of +4.8%, with revenues projected at $220.24 million, up 14.9% from the previous year [3] Earnings Estimates - The consensus EPS estimate for the upcoming quarter has remained unchanged over the last 30 days, indicating a lack of recent earnings estimate revisions [4] - Trends in earnings estimate revisions are strongly correlated with near-term stock price movements, suggesting that monitoring TNDM's performance is crucial [4] Industry Context - Tandem Diabetes Care operates within the Zacks Medical - Instruments industry, where another company, Penumbra (PEN), also experienced a 7.7% increase in stock price [4] - Penumbra's consensus EPS estimate has changed by -2% over the past month, with a year-over-year change of +61% [5]
Tandem Diabetes Care (TNDM) Moves 7.6% Higher: Will This Strength Last?