Benzinga | Oct 28, 2020 04:57PM EDT

Globus Medical Q3 Adj. EPS $0.49 Beats $0.30 Estimate, Sales $216.10M Beat $195.87M Estimate

Globus Medical (NYSE:GMED) reported quarterly earnings of $0.49 per share which beat the analyst consensus estimate of $0.30 by 63.33 percent. This is a 13.95 percent increase over earnings of $0.43 per share from the same period last year. The company reported quarterly sales of $216.10 million which beat the analyst consensus estimate of $195.87 million by 10.33 percent. This is a 10.13 percent increase over sales of $196.22 million the same period last year.