Investing.com - Intuitive Surgical (NASDAQ:ISRG) reported fourth quarter earnings that missed analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $2.96 on revenue of $1.05B. Analysts polled by Investing.com expected EPS of $3.07 on revenue of $1.04B. That compared to EPS of $2.54 on revenue of $892.4M in the same period a year earlier. The company had reported EPS of $2.83 on revenue of $920.9M in the previous quarter.
For the year, Intuitive Surgical shares are up 11.94%, outperforming the Nasdaq 100 which is up 8.13% year to date.
Intuitive Surgical follows other major Healthcare sector earnings this month
On Tuesday, J&J reported fourth quarter EPS of $1.97 on revenue of $20.39B, compared to forecasts of EPS of $1.95 on revenue of $20.2B.
Abbott Labs earnings matched analyst's expectations on Wednesday, with fourth quarter EPS of $0.81 on revenue of $7.77B. Investing.com analysts expected EPS of $0.81 on revenue of $7.81B
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