Intuitive Surgical, Inc. (ISRG - Free Report) reported $1.66 billion in revenue for the quarter ended December 2022, representing a year-over-year increase of 6.7%. EPS of $1.23 for the same period compares to $1.30 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.66 billion, representing no surprise. The company delivered an EPS surprise of -2.38%, with the consensus EPS estimate being $1.26.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Intuitive Surgical, Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Da Vinci Surgical System unit sales-International team: 188 compared to the 148.56 average estimate based on three analysts.
- Total Systems Installed Base (da Vinci Installed System Base): 7544 versus the three-analyst average estimate of 7619.3.
- Total System Units Shipped: 369 versus 346.44 estimated by three analysts on average.
- Da Vinci Surgical System unit sales-United States: 181 compared to the 197.87 average estimate based on three analysts.
- Revenue-Products (Instruments and Sytems): $1.39 billion versus the seven-analyst average estimate of $1.39 billion. The reported number represents a year-over-year change of +6%.
- Revenue-Services: $263.30 million versus the seven-analyst average estimate of $267.49 million. The reported number represents a year-over-year change of +10.6%.
- Revenue-Product-Systems: $451 million versus the seven-analyst average estimate of $440.81 million. The reported number represents a year-over-year change of -4%.
- Revenue-Product-Instruments and accessories: $940.70 million versus $953.97 million estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +11.6% change.
- Service gross profit: $179.30 million compared to the $178.89 million average estimate based on three analysts.
- Product gross profit: $931.30 million versus the three-analyst average estimate of $943.60 million.
View all Key Company Metrics for Intuitive Surgical, Inc. here>>>
Shares of Intuitive Surgical, Inc. have returned -2.5% over the past month versus the Zacks S&P 500 composite's +4.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Highest Returns for Any Asset Class
It’s not even close. Despite ups and downs, Bitcoin has been more profitable for investors than any other decentralized, borderless form of money.
No guarantees for the future, but in the past three presidential election years, Bitcoin’s returns were as follows: 2012 +272.4%, 2016 +161.1%, and 2020 +302.8%. Zacks predicts another significant surge in months to come.
Hurry, Download Special Report – It’s FREE >>
Intuitive Surgical, Inc. (ISRG - Free Report) reported $1.66 billion in revenue for the quarter ended December 2022, representing a year-over-year increase of 6.7%. EPS of $1.23 for the same period compares to $1.30 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.66 billion, representing no surprise. The company delivered an EPS surprise of -2.38%, with the consensus EPS estimate being $1.26.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Intuitive Surgical, Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Intuitive Surgical, Inc. here>>>
Shares of Intuitive Surgical, Inc. have returned -2.5% over the past month versus the Zacks S&P 500 composite's +4.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Highest Returns for Any Asset Class
It’s not even close. Despite ups and downs, Bitcoin has been more profitable for investors than any other decentralized, borderless form of money.
No guarantees for the future, but in the past three presidential election years, Bitcoin’s returns were as follows: 2012 +272.4%, 2016 +161.1%, and 2020 +302.8%. Zacks predicts another significant surge in months to come.
Hurry, Download Special Report – It’s FREE >>
Get the latest research report on ISRG - FREE