Glaukos (GKOS) Q3 Loss Narrower Than Expected, '19 View Up
Zacks Investment Research | Nov 07, 2019 09:08PM ET
Glaukos Corporation (NYSE:GKOS) posted third-quarter loss per share of 10 cents, narrower than the Zacks Consensus Estimate of a loss of 17 cents. This compares to a loss per share of 19 cents a year ago.
The Zacks Rank #3 (Hold) company’s quarterly sales totaled $58.5 million, which beat the Zacks Consensus Estimate by 3.5%. On a year-over-year basis, revenues surged 33.3%. Per management, the upside was led by unit volume increases worldwide.
Glaukos Corporation Price, Consensus and EPS Surprise
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Edwards Lifesciences delivered third-quarter 2019 adjusted earnings per share (EPS) of $1.41, outpacing the Zacks Consensus Estimate by 15.6%. Net sales of $1.09 billion surpassed the Zacks Consensus Estimate by 5.5%.
Thermo Fisher delivered third-quarter 2019 adjusted EPS of $2.94, which surpassed the consensus mark by 2.1%. Revenues of $6.27 billion outpaced the same by 1.3%.
ResMed reported fiscal first-quarter 2020 adjusted EPS of 93 cents, which beat the Zacks Consensus Estimate of 87 cents by 6.9%. Revenues were $681.1 million, surpassing the Zacks Consensus Estimate by 3.6%.
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