CONMED Corporation Announces Third Quarter Financial Results

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CONMED (CNMD) PT Raised to $158 at Needham & Company

October 28, 2021 6:22 AM EDT

Needham & Company analyst Mike Matson raised the price target on CONMED (NASDAQ: CNMD) to $158.00 (from $150.00) while maintaining a Buy rating.

The analyst commented, "CNMD's 3Q21 revenue missed and EPS beat consensus. Management guided to the low-end of its prior revenue guidance range and... More

Conmed (CNMD) Tops Q3 EPS by 4c

October 27, 2021 4:24 PM EDT

Conmed (NASDAQ: CNMD) reported Q3 EPS of $0.80, $0.04 better than the analyst estimate of $0.76. Revenue for the quarter came in at $248.8 million versus the consensus estimate of $255.53 million.

GUIDANCE:

Conmed sees FY2021 EPS of $3.18-$3.23, versus the consensus of $3.19.

For earnings history and earnings-related data on Conmed (CNMD) click here.

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