Benzinga | Nov 5, 2021 09:31AM EDT

Recap: Globus Medical Q3 Earnings

Globus Medical (NYSE:GMED) reported its Q3 earnings results on Thursday, November 4, 2021 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Globus Medical their estimated earnings by 11.11%, reporting an EPS of $0.5 versus an estimate of $0.45, which surprised analysts.

Revenue was up $13,623,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.12, which was followed by a 0.91% drop in the share price the next day.

Here's a look at Globus Medical's past performance:



Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 0.44 0.37 0.51 0.30EPS Actual 0.56 0.49 0.58 0.49Revenue Estimate 224.64M 198.39M 231.22M 195.87MRevenue Actual 251.02M 227.34M 233.44M 216.10M

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