Edwards Lifesciences (EW) PT Lowered to $85 at Mizuho Securities

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Go back to Edwards Lifesciences (EW) PT Lowered to $85 at Mizuho Securities

Edwards Lifesciences (EW) tumbles as guidance misses expectations

October 26, 2023 10:07 AM EDT

Edwards Lifesciences (NYSE: EW) shares tumbled over 8% in after-hours trading after the company's latest earnings and guidance announcement disappointed investors and analysts alike.

After Wednesday's close, the company reported Q3 earnings of $0.59 per share, in line with the analyst estimate of $0.59. Revenue for the quarter was also in line, coming in at $1.48 billion, although that was a 12%... More