Edwards Lifesciences (EW) Beats On Q2 Earnings, Ups EPS View
Zacks Investment Research | Jul 24, 2019 08:49AM ET
Edwards Lifesciences Corporation’s (NYSE:EW) second-quarter 2019 adjusted earnings per share (EPS) came in at $1.38. The company reported EPS of $1.14, which advanced 13.6% year over year.
Adjusted EPS outpaced the Zacks Consensus Estimate of $1.33. Moreover, the figure improved 11.3% year over year primarily on growth in all businesses.
Sales Details
Second-quarter net sales improved 11% to $1.09 billion and surpassed the Zacks Consensus Estimate of $1.05 billion. Underlying sales increased 14%.
Revenues were primarily driven by significant growth in Transcatheter Aortic Valve Replacement (TAVR), Transcatheter Mitral and Tricuspid Therapies (TMTT) sales, and strong performance by the Surgical Structural Heart and Critical Care product lines.
Edwards Lifesciences Corporation Price, Consensus and EPS Surprise
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