NuVasive Reports Second Quarter 2016 Financial Results

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Go back to NuVasive Reports Second Quarter 2016 Financial Results

Brean Capital Raises Price Target on NuVasive (NUVA) to $70 Following Solid 2Q

July 27, 2016 11:04 AM EDT

Brean Capital reiterated a Buy rating on NuVasive (NASDAQ: NUVA), and raised the price target to $70.00 (from $60.00), following the company's 2Q earnings report.

Analyst Jason Wittes commented, "NUVA reported a 16.4% (16.1% cc) revenue increase to $236.2 millionabove consensus and our $233.0 million estimate and was strong... More

NuVasive (NUVA) PT Raised to $72 at Jefferies

July 27, 2016 8:48 AM EDT

Jefferies analyst Raj Denhoy reiterated a Buy rating and lifted his price target on NuVasive (NASDAQ: NUVA) to $72.00 (from $63.00) following results.

Denhoy commented, "NuVasive put up a $2mn/$0.01 rev./EPS beat and raised guidance for the year. The top-line (+8.6% ex-FX, ex-NSO) was... More

NuVasive (NUVA) Tops Q2 EPS by 4c; Guides Abovce

July 26, 2016 4:05 PM EDT

NuVasive (NASDAQ: NUVA) reported Q2 EPS of $0.40, $0.04 better than the analyst estimate of $0.36. Revenue for the quarter came in at $236.5 million versus the consensus estimate of $233.01 million.

GUIDANCE:

NuVasive sees FY2016 EPS of $1.64, versus the consensus of $1.51. NuVasive sees FY2016 revenue... More