Intuitive Announces Second Quarter Earnings
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Intuitive Surgical (ISRG) Edges Higher as Earnings More Than Triple, Analysts Raise PTs After 'Another Outstanding Quarter'
July 21, 2021 9:24 AM EDTIntuitive Surgical (Nasdaq: ISRG) presented better-than-expected Q2 results to send its shares about 3% higher in pre-open trading Wednesday.
ISRG saw its EPS soar to $4.25 per share to smash the $3.06 per expected from market analysts, according to figures compiled by Thomson Reuters. On an adjusted basis, the company earned $3.92 per share.
Revenue soared 7.18% to $1.46 billion compared to $0.85 a year ago. The companys flagship procedure da Vinci grew about 68% compared with a year-ago period.
We are pleased with our second quarter procedure growth and financial results, which reflect both the demand for... More
Intuitive Surgical (ISRG) PT Raised to $1,100 at Stifel
July 21, 2021 8:24 AM EDTStifel analyst Rick Wise raised the price target on Intuitive Surgical (NASDAQ: ISRG) to $1,100.00 (from $1,060.00) while maintaining a Buy rating.
The analyst commented, "Recording yet another exceptionally-robust quarterly-performance, Intuitive 2Q results outperformed Stifel/Consensus estimates on all key metrics: Sales, EPS, procedure volume growth, and system placements.... More
Intuitive Surgical (ISRG) PT Raised to $1,020 at BofA Securities
July 21, 2021 8:14 AM EDTBofA Securities analyst Bob Hopkins raised the price target on Intuitive Surgical (NASDAQ: ISRG) to $1,020.00 (from $890.00) while maintaining a Neutral rating.
... More