* Inspire Medical Systems Inc reported quarterly adjusted earnings of 60 cents per share for the quarter ended January 1, higher than the same quarter last year, when the company reported EPS of -29 cents. The mean expectation of eighteen analysts for the quarter was for earnings of 8 cents per share. Wall Street expected results to range from 1 cents to 30 cents per share.
* Revenue rose 32.5% to $203.19 million from a year ago; analysts expected $197.60 million.
* Inspire Medical Systems Inc's reported EPS for the quarter was 60 cents.
* The company reported quarterly net income of $18.5 million.
* Inspire Medical Systems Inc shares had fallen by 8.7% this quarter and lost 5.3% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 92.4% in the last three months.
* In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the medical equipment, supplies & distribution peer group is also "buy"
Wall Street's median 12-month price target for Inspire Medical Systems Inc is 238.00 This summary was machine generated from LSEG data November 5 at 07:55 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 0.08 0.60 Beat
Jun. 30 2024 -0.14 0.32 Beat
Mar. 31 2024 -0.65 -0.34 Beat
Dec. 31 2023 -0.09 0.49 Beat
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