Penumbra, Inc. Reports Fourth Quarter and Full Year 2021 Financial Results

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Penumbra (PEN) PT Lowered to $300 at Truist Securities

February 23, 2022 6:43 AM EST

Truist Securities analyst David Rescott lowered the price target on Penumbra (NYSE: PEN) to $300.00 (from $350.00) while maintaining a Buy rating following results.

The analyst commented, "We're bullish on PEN following the 4Q beat, and believe mgmt.'s 15-17% 2022 outlook will prove... More

Penumbra, Inc. (PEN) Misses Q4 EPS by 12c

February 22, 2022 4:31 PM EST

Penumbra, Inc. (NYSE: PEN) reported Q4 EPS of $0.10, $0.12 worse than the analyst estimate of $0.22. Revenue for the quarter came in at $204 million versus the consensus estimate of $194.3 million.

GUIDANCE:

Penumbra, Inc. sees FY2022 revenue of $860-875 million, versus the consensus of... More