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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

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

$72.03
+1.04 (+1.46%)
(As of 04/19/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Apr. 30
After Market Closes
Confirmed
Actual EPS
(Feb. 28)
$0.81 Beat By $0.04
Consensus EPS
(Feb. 28)
$0.77
Skip Charts & View Estimated and Actual Earnings Data

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$0.70$0.72$0.71 
Q2 20242$0.87$0.90$0.89 
Q3 20242$0.81$0.82$0.82 
Q4 20242$0.88$0.91$0.90 
FY 20248$3.26$3.35$3.31 
Q1 20252$0.75$0.80$0.78 
Q2 20252$0.94$0.99$0.97 
Q3 20252$0.89$0.91$0.90 
Q4 20252$0.96$1.05$1.01 
FY 20258$3.54$3.75 $3.65

MMSI Earnings Date and Information

Merit Medical Systems last released its earnings results on February 28th, 2024. The medical instruments supplier reported $0.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.77 by $0.04. The company earned $324.52 million during the quarter, compared to analyst estimates of $320.66 million. Its quarterly revenue was up 10.6% compared to the same quarter last year. Merit Medical Systems has generated $1.62 earnings per share over the last year ($1.62 diluted earnings per share) and currently has a price-to-earnings ratio of 44.5. Earnings for Merit Medical Systems are expected to grow by 10.57% in the coming year, from $3.31 to $3.66 per share. Merit Medical Systems has confirmed that its next quarterly earnings report will be published on Tuesday, April 30th, 2024. Merit Medical Systems will be holding an earnings conference call on Tuesday, April 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 RevenueCall Transcript
4/30/2024
Confirmed)
-------  
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  

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 Tuesday, April 30th, 2024. Learn more on MMSI's earnings history.

Did Merit Medical Systems beat their earnings estimates last quarter?

In the previous quarter, Merit Medical Systems (NASDAQ:MMSI) reported $0.81 earnings per share (EPS) to beat the analysts' consensus estimate of $0.77 by $0.04. Learn more on analysts' earnings estimate vs. MMSI's actual earnings.

How can I listen to Merit Medical Systems's earnings conference call?

The conference call for Merit Medical Systems's latest earnings report can be listened to online. Listen to Conference Call

How can I read Merit Medical Systems's conference call transcript?

The conference call transcript for Merit Medical Systems's latest earnings report can be read online. Read Transcript

How much revenue does Merit Medical Systems generate each year?

Merit Medical Systems (NASDAQ:MMSI) has a recorded annual revenue of $1.26 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 $1.62 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 44.46 and a forward price-to-earnings ratio of 21.76. The price/earnings-to-growth ratio is 1.99.

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 $3.66 per share in the next year, which is a 10.57% increase.


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This page (NASDAQ:MMSI) was last updated on 4/19/2024 by MarketBeat.com Staff

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