Globus Medical Reports Second Quarter 2021 Results

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Globus Medical (GMED) PT Raised to $100 at Northland Capital Markets

August 5, 2021 7:36 AM EDT

Northland Capital Markets analyst Jason Wittes raised the price target on Globus Medical (NYSE: GMED) to $100.00 while maintaining an Outperform rating.

The analyst commented, "GMED reported record revenues in 2Q21 of $251.0 million, up 68.6% y/y (up 67.9% cc y/y), easily beating consensus of... More

Globus Medical (GMED) Tops Q2 EPS by 12c

August 4, 2021 4:51 PM EDT

Globus Medical (NYSE: GMED) reported Q2 EPS of $0.56, $0.12 better than the analyst estimate of $0.44. Revenue for the quarter came in at $251 million versus the consensus estimate of $224.64 million.

GUIDANCE:

Globus Medical sees FY2021 EPS of $1.89-$2.00, versus the consensus of... More