ICU Medical Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

In This Article:

ICU Medical (NASDAQ:ICUI) Third Quarter 2024 Results

Key Financial Results

  • Revenue: US$589.1m (up 6.5% from 3Q 2023).

  • Net loss: US$33.0m (down from US$7.24m profit in 3Q 2023).

  • US$1.35 loss per share (down from US$0.30 profit in 3Q 2023).

earnings-and-revenue-growth
NasdaqGS:ICUI Earnings and Revenue Growth November 14th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

ICU Medical Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates by 87%.

Looking ahead, revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Medical Equipment industry in the US.

Performance of the American Medical Equipment industry.

The company's shares are down 2.3% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for ICU Medical (1 is concerning) you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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