Intuitive Surgical (NASDAQ:ISRG) announced fourth quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The company reported earnings per share of $3.48 on revenue of $1.28B. Analysts polled by anticipated EPS of $3.37 on revenue of $1.23B. That was in comparison with EPS of $2.96 on revenue of $1.05B in the same period a year before. Intuitive Surgical had reported EPS of $3.43 on revenue of $1.13B in the previous quarter.
Analysts are forecasting EPS of $3.02 and revenue of $1.13B in the next quarter.
Intuitive Surgical share's are up 3.91% for the year to date , still down 0.38% from its 52 week high of $616.56 set on January 10.
Intuitive Surgical follows other major Healthcare sector earnings this month
On Wednesday, J&J announced fourth quarter EPS of $1.88 on revenue of $20.75B, was in comparison with a forecasts for EPS of $1.87 on revenue of $20.78B.
Abbott Labs earnings matched analysts' expectations on Wednesday, with fourth quarter EPS of $0.95 on revenue of $8.31B. analysts anticipated EPS of $0.95 on revenue of $8.26B
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