Edwards Lifesciences Earnings: What Investors Should Watch

Edwards Lifesciences (NYSE:EW) will report earnings after markets close on Thursday, July 25th. Edwards Lifesciences Corporation designs, develops, manufactures, and markets products and services to treat late-stage cardiovascular disease. The Company’s products include tissue replacement heart valves, heart valve repair products, hemodynamic monitoring devices, angioscopy equipment, oxygenators, and pharmaceuticals. Edwards supplies its products to customers located worldwide.

Here is your Cheat Sheet to Edwards Lifesciences Earnings:

Earnings Expectations: Analysts expect earnings of $0.76 per share on revenues of $514.76 million. Currently, the company’s P/E ratio stands at 21.19.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.76 to a profit $0.72. For the current year, the average estimate is a profit of $3.06, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Edwards Lifesciences has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,238 1,321 1,447 1,679 1,900
Diluted EPS ($) 1.10 1.95 1.83 1.98 2.48

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 482.00 447.90 510.50 496.70
Diluted EPS ($) 0.57 0.58 0.77 1.24

Past Performance:
Edwards Lifesciences has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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