Globus medical inc has approached nuvasive inc, a u.s. (nyse:gmed) will announce sales of $229.77 million for the current fiscal quarter, zacks reports.
Globus medical (nyse:gmed) last issued its quarterly earnings results on thursday, november 4th.
Globus medical stock zacks. Over the past 90 days, the zacks consensus estimate for globus medical’s 2021 earnings has moved 1% north to $2.01. Since then, gmed shares have increased by 65.7% and is now trading at $63.05. The medical device company reported $0.50 earnings per share (eps) for the quarter, beating the zacks' consensus estimate of $0.45 by $0.05.
The company not only has a favorable growth score, but also carries a top zacks rank. Globus medical's stock was trading at $38.05 on march 11th, 2020 when coronavirus reached pandemic status according to the world health organization (who). Manufacturer of equipment for minimally invasive spine surgery with a market value of $3 billion, with an acquisition offer, people familiar with the matter said.
Nuvasive currently has a zacks rank #5 (strong sell) while globus medical carries a zacks rank #3 (hold). Globus medical (gmed) delivered earnings and revenue surprises of 24.44% and 10.60%, respectively, for the quarter ended june 2021. Globus medical has gained 27.3% since the start of the year compared to the.
Globus medical (gmed) came out with quarterly earnings of $0.50 per share, beating the zacks consensus estimate of $0.45 per share. Five analysts have issued estimates for globus medical's earnings, with the highest sales estimate coming in at $230.50 million and the lowest estimate coming in at $228.04 million. Globus medical (gmed) is one such stock that our proprietary system currently recommends.
Analysts forecast that globus medical, inc. Globus medical has a 12 month low of $58.87 and a 12 month high of $84.23. For globus medical, the most accurate estimate is lower than the zacks consensus estimate, suggesting that analysts have recently become.
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Shares of globus medical (gmed) have been strong performers lately, with the stock up 7.2% over the past month. Gmed investment & stock information. Get the latest globus medical, inc.
This compares to earnings of. The potential combination would accelerate consolidation in the spine surgery market, where smaller players are turning to.
