Intuitive Surgical (ISRG) Q4 Earnings Beat, Procedures Robust
ISRGIntuitive(ISRG) Zacks Investment Research·2024-01-26 00:21

Intuitive Surgical (ISRG) reported fourth-quarter 2023 adjusted earnings per share (EPS) of 1.60,whichbeattheZacksConsensusEstimateof1.60, which beat the Zacks Consensus Estimate of 1.47 by 8.8%. The bottom line improved 30% year over year. GAAP EPS in the quarter was 1.69,up85.71.69, up 85.7% from the year-ago quarter’s level. The significant increase in GAAP EPS was due to the inclusion of certain income tax benefits worth 67 million and the receipt of certain tax assets worth $92 million in GAAP net income. Revenue Details This currently Zacks Rank #3 ...