3 Medtech Stocks Likely to Top Estimates This Earnings Season
Quest Diagnostics(DGX) Zacks Investment Research·2024-02-13 13:51
The fourth-quarter reporting cycle is in full swing. The MedTech companies (Zacks-defined Medical Products stocks) within the broader Medical sector have witnessed a year-over-year deterioration in earnings.The MedTech stocks that have released their earnings so far showed market share gain within their base businesses through the months of the fourth quarter compared with the same period in 2022. However, ongoing macroeconomic headwinds in the form of inflation and labordemics put pressure on the bottom li ...