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CONMED Beats on Q3 Earnings, Misses on Sales, Lowers '24 Sales View
CNMDCONMED (CNMD) ZACKS·2024-10-31 13:46

CONMED Corporation (CNMD) delivered third-quarter 2024 adjusted earnings per share (EPS) of 1.05,whichbeattheZacksConsensusEstimateof99centsby6.11.05, which beat the Zacks Consensus Estimate of 99 cents by 6.1%. The bottom line improved 16.7% from the year-ago level.GAAP EPS for the quarter was 1.57 compared with 50 cents in the year-ago period.The company’s shares have lost 40.4% so far this years compared with the industry’s decline of 1.5%. The broader S&P 500 Index has gained 22.9% in the same time frame.Image Source: Zacks Investment ResearchRevenues i ...