Tornier Earnings: Here’s Why Investors are Ambivalent Now

Tornier N.V. (NASDAQ:TRNX) had a loss and missed Wall Street’s expectations, BUT beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

Tornier N.V. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased to $-0.28 in the quarter versus EPS of $-0.13 in the year-earlier quarter.

Revenue: Rose 18.32% to $78.1 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Tornier N.V. reported adjusted EPS loss of $0.28 per share. By that measure, the company missed the mean analyst estimate of $-0.14. It beat the average revenue estimate of $77.2 million.

Quoting Management: Dave Mowry, President and Chief Executive Officer of Tornier, commented, “We are very pleased with the revenue growth acceleration of our upper extremity product category in the second quarter, which was aided by the successful early launch of the Ascend Flex shoulder product. Recently, we launched the first OrthoHelix product in international markets and are very excited about the opportunity for further global footprint expansion for our lower extremities category. We also made significant progress transitioning our domestic field sales organization to representatives that are dedicated to either the upper or lower extremity product categories.”

Key Stats (on next page)…

Revenue decreased 5.55% from $82.69 million in the previous quarter. EPS increased to $-0.28 in the quarter versus EPS of $-0.17 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 loss of $0.13 to a loss $0.14. For the current year, the average estimate has moved down from a loss of $0.38 to a loss of $0.49 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]