Benzinga | Oct 14, 2020 10:20AM EDT

Intuitive Surgical Earnings Preview

Intuitive Surgical (NASDAQ: ISRG) unveils its next round of earnings this Thursday, October 15. Get prepared with Benzinga's ultimate preview for Intuitive Surgical's Q3 earnings.

Earnings and Revenue

Analysts predict Intuitive Surgical will report earnings of $2.07 per share on revenue of $970.97 million. In the same quarter last year, Intuitive Surgical reported earnings per share of $3.43 on sales of $1.13 billion. If the company were to match the consensus estimate when it reports Thursday, earnings would be down 39.65%. Sales would have fallen 13.92% from the same quarter last year. The company's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019EPS Estimate 0.74 2.54 3.38 2.99EPS Actual 1.11 2.69 3.48 3.43Revenue Estimate 668.55 M 1.03 B 1.24 B 1.06 BRevenue Actual 852.10 M 1.10 B 1.28 B 1.13 B

Stock Performance

Shares of Intuitive Surgical were trading at $755.35 as of October 13. Over the last 52-week period, shares are up 44.69%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Intuitive Surgical is scheduled to hold the call at 16:30:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/ps9e9jun