Gear Up for Intuitive Surgical (ISRG) Q1 Earnings: Wall Street Estimates for Key Metrics

Core Viewpoint - Intuitive Surgical, Inc. (ISRG) is expected to report a quarterly earnings per share (EPS) of $1.71, reflecting a 14% increase year-over-year, with revenues projected at $2.18 billion, a 15.4% increase from the previous year [1]. Earnings Estimates - The consensus EPS estimate for the quarter has been adjusted upward by 0.2% over the past 30 days, indicating a reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock price performance [3]. Revenue Projections - Analysts forecast 'Revenue- Product (Instruments and accessories and Systems)' to be $1.55 billion, a decrease of 1.7% from the prior-year quarter [5]. - 'Revenue- Services' is expected to reach $356.83 million, reflecting a 13.8% increase year-over-year [5]. - 'Revenue- Systems' is projected at $481.95 million, indicating a 15.2% increase from the previous year [5]. - 'Revenue- Instruments and accessories' is estimated to be $1.33 billion, showing a year-over-year change of 14.6% [6]. System Units and Installed Base - The total system units placed for the entire company is expected to be 349, up from 313 in the previous year [6]. - The 'Da Vinci Surgical System Installed Base' is projected to reach 10,194, compared to 8,887 a year ago [6]. - Total system units placed outside of the United States is estimated at 175, up from 165 [7]. - Total system units placed in the United States is forecasted at 181, compared to 148 last year [7]. Profit and Cost Estimates - Gross profit from services is expected to be $236.25 million, an increase from $222.70 million reported in the same quarter last year [7]. - The cost of revenue for services is projected to reach $113.02 million, compared to $90.80 million in the same quarter of the previous year [8]. Stock Performance - Intuitive Surgical shares have increased by 0.9% over the past month, contrasting with a -4.2% change in the Zacks S&P 500 composite [9].