CONMED (CNMD) Misses on Q4 Earnings, Beats Revenue Estimates
CNMDCONMED (CNMD) Zacks Investment Research·2024-02-03 00:11

CONMED Corporation (CNMD) delivered adjusted earnings per share (EPS) of 1.06infourthquarter2023,whichmissedtheZacksConsensusEstimateof1.06 in fourth-quarter 2023, which missed the Zacks Consensus Estimate of 1.11 by 4.5%. However, the bottom line improved 152.4% from the year-ago quarter’s level. GAAP EPS for the quarter was $1.05 compared with 86 cents per share in the year-ago period. The company’s shares have lost 28.0% in the past six months compared with the industry’s fall of 2.2%. The broader S&P 500 Index has gained 7% in the same time frame. Image Source: ...