Intuitive Surgical Earnings: Here’s Why Investors are Selling Shares Now

Intuitive Surgical, Inc. (NASDAQ:ISRG) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Shares are down 11.86%.

Intuitive Surgical, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 4% to $3.9 in the quarter versus EPS of $3.75 in the year-earlier quarter.

Revenue: Rose 7.83% to $578.5 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Intuitive Surgical, Inc. reported adjusted EPS income of $3.9 per share. By that measure, the company missed the mean analyst estimate of $4.04. It missed the average revenue estimate of $594.58 million.

Quoting Management: There was no comment from the management.

Key Stats (on next page)…

Revenue decreased 5.38% from $611.4 million in the previous quarter. EPS decreased 14.47% from $4.56 in the previous quarter.

Looking Forward: 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 $4.24 to a profit $4.02. For the current year, the average estimate has moved down from a profit of $17.64 to a profit of $17.25 over the last ninety days.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

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