Intuitive Surgical (Nasdaq: ISRG ) is expected to report Q4 earnings around Jan. 17. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Intuitive Surgical's revenues will expand 17.6% and EPS will grow 8.5%.
The average estimate for revenue is $584.2 million. On the bottom line, the average EPS estimate is $4.07.
Last quarter, Intuitive Surgical logged revenue of $537.8 million. GAAP reported sales were 20% higher than the prior-year quarter's $446.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $3.54. GAAP EPS of $4.46 for Q3 were 46% higher than the prior-year quarter's $3.05 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 72.5%, 40 basis points worse than the prior-year quarter. Operating margin was 39.3%, 70 basis points worse than the prior-year quarter. Net margin was 34.1%, 670 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $2.15 billion. The average EPS estimate is $15.24.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 4,163 members out of 4,381 rating the stock outperform, and 218 members rating it underperform. Among 1,228 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,177 give Intuitive Surgical a green thumbs-up, and 51 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Intuitive Surgical is outperform, with an average price target of $562.42.
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