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ISRG-INTUITIVE SURGICAL INC

Intuitive Surgical Exceeds Q3 Earnings Estimates with Strong EPS Growth and Positive Market Outlook

Wednesday

13 November, 2024

Intuitive Surgical has reported a remarkable Q3 2024, with adjusted EPS of $1.84 and revenues of $2.04 billion, both exceeding expectations. As the company anticipates a robust 20.1% earnings growth for 2024, can it maintain this momentum in a competitive landscape?

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Key Takeaways
  • Intuitive Surgical reported strong Q3 2024 results, with earnings per share exceeding estimates by 11.5%.
  • The company's revenue of $2.04 billion outperformed projections, indicating robust market performance.
  • Projected earnings growth of 20.1% for 2024 highlights its competitive edge over the industry average.
  • A Zacks Rank of 2 (Buy) reflects favorable market sentiment and a history of exceeding earnings estimates.
  • Intuitive Surgical is poised for growth in the medical technology sector, making it a promising investment opportunity.
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