Globus Medical (NYSE:GMED) reported its Q4 earnings results on Thursday, February 17, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Globus Medical beat estimated earnings by 4.26%, reporting an EPS of $0.49 versus an estimate of $0.47.
Revenue was up $16.58 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05, which was followed by a 1.37% increase in the share price the next day.
Here's a look at Globus Medical's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.45 | 0.44 | 0.37 | 0.51 |
| EPS Actual | 0.50 | 0.56 | 0.49 | 0.58 |
| Revenue Estimate | 228.35M | 224.64M | 198.39M | 231.22M |
| Revenue Actual | 229.72M | 251.02M | 227.34M | 233.44M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
