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Merit Medical Systems (MMSI) Earnings Date, Estimates & Call Transcripts

$94.35
+0.59 (+0.63%)
(As of 10/11/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Oct. 30
After Market Closes
Confirmed
Actual EPS
(Aug. 1)
$0.92 Beat By $0.04
Consensus EPS
(Aug. 1)
$0.88
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MMSI Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

MMSI Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Merit Medical Systems Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20242$0.71$0.72$0.72 
Q2 20242$0.88$0.88$0.88 
Q3 20242$0.78$0.79$0.79 
Q4 20242$0.82$0.85$0.84 
FY 20248$3.19$3.24$3.22 
Q1 20252$0.80$0.81$0.81 
Q2 20252$0.96$0.97$0.97 
Q3 20252$0.87$0.93$0.90 
Q4 20252$0.88$0.99$0.94 
FY 20258$3.51$3.70$3.61 
Q1 20261$0.80$0.80$0.80 
Q2 20261$1.09$1.09$1.09 

MMSI Earnings Date and Information

Merit Medical Systems last issued its quarterly earnings results on August 1st, 2024. The medical instruments supplier reported $0.92 EPS for the quarter, topping the consensus estimate of $0.88 by $0.04. The company earned $338 million during the quarter, compared to analysts' expectations of $334.94 million. Merit Medical Systems has generated $1.74 earnings per share over the last year ($1.74 diluted earnings per share) and currently has a price-to-earnings ratio of 47.2. Earnings for Merit Medical Systems are expected to grow by 11.48% in the coming year, from $3.31 to $3.69 per share. Merit Medical Systems has confirmed that its next quarterly earnings report will be published on Wednesday, October 30th, 2024. Merit Medical Systems will be holding an earnings conference call on Wednesday, October 30th at 5:00 PM Eastern. Interested parties can register for or listen to the call..

Merit Medical Systems Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
10/30/2024
(Confirmed)
-------  
8/1/2024Q2 2024$0.88$0.92+$0.04$1.23$334.94 million$338.00 million
4/30/2024Q1 2024$0.71$0.77+$0.06$1.06$315.57 million$323.51 million        
2/28/2024Q4 2023$0.77$0.81+$0.04$1.15$320.66 million$324.52 million        
10/26/2023Q3 2023$0.65$0.75+$0.10$1.06$306.25 million$315.23 million        
7/25/2023Q2 2023$0.75$0.81+$0.06$1.27$310.10 million$320.06 million        
4/26/2023Q1 2023$0.55$0.64+$0.09$0.92$280.47 million$297.57 million          
2/22/2023Q4 2022$0.67$0.79+$0.12$1.00$290.14 million$293.40 million          
10/26/2022Q3 2022$0.53$0.64+$0.11$1.01$273.03 million$287.18 million    
7/27/2022Q2 2022$0.58$0.73+$0.15$1.19$280.55 million$294.98 million        
4/27/2022Q1 2022$0.47$0.53+$0.06$0.88$263.46 million$275.42 million        
2/24/2022Q4 2021$0.50$0.71+$0.21$1.06$270.96 million$278.50 million    
10/28/2021Q3 2021$0.44$0.52+$0.08$0.83$260.61 million$267.02 million    
7/29/2021Q2 2021$0.44$0.62+$0.18$1.15$251.40 million$280.33 million    
4/29/2021Q1 2021$0.37$0.52+$0.15$0.85$231.06 million$248.91 million  
2/24/2021Q4 2020$0.43$0.54+$0.11$0.81$250.37 million$258.00 million    
10/28/2020Q3 2020$0.19$0.42+$0.23$0.89$219.05 million$243.98 million  
7/29/2020Q2 2020$0.07$0.31+$0.24$0.96$192.67 million$218.37 million  
4/23/2020Q1 2020$0.26$0.38+$0.12$0.82$231.57 million$243.50 million  
2/24/2020Q4 2019$0.34$0.40+$0.06$0.88$252.31 million$257.92 million  
10/30/2019Q3 2019$0.45$0.28($0.17)$0.62$248.53 million$243.05 million  

Merit Medical Systems Earnings - Frequently Asked Questions

When is Merit Medical Systems's earnings date?

Merit Medical Systems has confirmed that its next quarterly earnings data will be published on Wednesday, October 30th, 2024. Learn more on MMSI's earnings history.

What guidance has Merit Medical Systems issued on next quarter's earnings?

Merit Medical Systems updated its FY24 earnings guidance on Tuesday, September, 17th. The company provided EPS guidance of $3.25-$3.34 for the period, compared to the consensus earnings per share estimate of $3.31. The company issued revenue guidance of $1.339-$1.351 billion, compared to the consensus revenue estimate of $1.34 billion.

Did Merit Medical Systems beat their earnings estimates last quarter?

In the previous quarter, Merit Medical Systems (NASDAQ:MMSI) reported $0.92 earnings per share (EPS) to beat the analysts' consensus estimate of $0.88 by $0.04. Learn more on analysts' earnings estimate vs. MMSI's actual earnings.

How much revenue does Merit Medical Systems generate each year?

Merit Medical Systems (NASDAQ:MMSI) has a recorded annual revenue of $1.30 billion.

How much profit does Merit Medical Systems generate each year?

Merit Medical Systems (NASDAQ:MMSI) has a recorded net income of $94.41 million. MMSI has generated $1.74 earnings per share over the last four quarters.

What is Merit Medical Systems's price-to-earnings ratio?

Merit Medical Systems (NASDAQ:MMSI) has a trailing price-to-earnings ratio of 47.18 and a forward price-to-earnings ratio of 28.50. The price/earnings-to-growth ratio is 2.41.

What is Merit Medical Systems's EPS forecast for next year?

Merit Medical Systems's earnings are expected to grow from $3.31 per share to $3.69 per share in the next year, which is a 11.48% increase.


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This page (NASDAQ:MMSI) was last updated on 10/12/2024 by MarketBeat.com Staff
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