Investing.com - Intuitive Surgical (NASDAQ:ISRG) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Intuitive Surgical announced earnings per share of $2.77 on revenue of $1.08B. Analysts polled by Investing.com anticipated EPS of $2.02 on revenue of $967.56M.
Intuitive Surgical shares are up 25% from the beginning of the year and are trading at $716.13 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is up 36.25% from the start of the year.
Intuitive Surgical shares lost 3.52% in after-hours trade the report.
Intuitive Surgical follows other major Healthcare sector earnings this month
Intuitive Surgical's report follows an earnings beat by J&J on Tuesday, who reported EPS of $2.2 on revenue of $21.08B, compared to forecasts EPS of $1.96 on revenue of $20.15B.
Oak Street Health had missed expectations on Wednesday, September 16, 2020 with third quarter EPS of $-72.53 on revenue of $214.38M, compared to forecast for EPS of $-0.12 on revenue of $214.32M.
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