Intuitive Surgical Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Intuitive Surgical (NASDAQ:ISRG) will unveil its latest earnings tomorrow, Tuesday, January 22, 2013. Intuitive Surgical designs and manufactures da Vinci Surgical Systems, EndoWrist instruments and other surgical accessories.

Intuitive Surgical Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of $4.04 per share, a rise of 7.7% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $4.09. Between one and three months ago, the average estimate moved down. It has been unchanged at $4.04 during the last month. Analysts are projecting profit to rise by 20.5% compared to last year’s $14.85.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 98 cents, reporting net income of $4.46 per share against a mean estimate of profit of $3.48 per share.

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A Look Back: In the third quarter, profit rose 49.8% to $183.3 million ($4.46 a share) from $122.4 million ($3.05 a share) the year earlier, exceeding analyst expectations. Revenue rose 20.4% to $537.8 million from $446.7 million.

Here’s how Intuitive Surgical traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week: