CONMED Earnings: Everything You Must Know Now

CONMED Corporation (NASDAQ:CNMD) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

CONMED Corporation Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased to $0.52 in the quarter versus EPS of $0.46 in the year-earlier quarter.

Revenue: Rose 8.42% to $201.2 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: CONMED Corporation reported adjusted EPS income of $0.52 per share. By that measure, the company beat the mean analyst estimate of $0.50. It beat the average revenue estimate of $200.12 million.

Quoting Management: “Strong earnings and cash flow were the hallmarks of CONMED’s fourth quarter results, completing 2012 with the best quarterly performance of the year,” commented Mr. Joseph J. Corasanti, President and CEO.

Key Stats (on next page)…

Revenue increased 10.62% from $181.89 million in the previous quarter. EPS increased 20.93% from $0.43 in the previous quarter.

Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.44 and has not changed. For the current year, the average estimate has moved up from a profit of $1.78 to a profit of $1.79 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)