Intuitive Announces Fourth Quarter Earnings
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Intuitive Surgical (ISRG) earnings release and call disappoint analysts
January 25, 2023 11:51 AM ESTAnalysts were downbeat following Intuitive Surgical's (NASDAQ: ISRG) latest earnings release, which saw it miss earnings and revenue consensus expectations.
BTIG's Ryan Zimmerman cut his price target on the stock to $279 from $316, maintaining a Buy rating. He told investors in a note that the company's Multiport "head-fake" tanked the company's shares midway through its earnings call.
The analyst explained that expectations for a next-gen multiport robotic system have been building for multiple quarters,... More
Intuitive Surgical (ISRG) Misses Q4 EPS by 3c
January 24, 2023 4:07 PM ESTIntuitive Surgical (NASDAQ: ISRG) reported Q4 EPS of $1.23, $0.03 worse than the analyst estimate of $1.26. Revenue for the quarter came in at $1.66 billion versus the consensus estimate of $1.68 billion.
For earnings history and earnings-related data on Intuitive Surgical (ISRG) click here.
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