Masimo (MASI) To Report Q2 Earnings: What's In The Offing?
Zacks Investment Research | Jul 25, 2019 09:12PM ET
Masimo Corporation (NASDAQ:MASI) is scheduled to report second-quarter 2019 results on Jul 31, after the closing bell. A slew of developments and product launches are expected to reflect on the quarterly results. However, dismal performance by the Royalty and Other unit and stiff competition raise concern.
Masimo delivered an earnings surprise of 5.3% in the last reported quarter, the average for the trailing four quarters being a positive 6.6%.
Which Way Are Estimates Headed?
For the second quarter, the Zacks Consensus Estimate for Masimo’s earnings per share is pegged at 73 cents. The same for revenues stands at $223 million, calling for a year-over-year improvement of 5.4%.
Masimo Corporation Price and EPS Surprise
DENTSPLY SIRONA (NASDAQ:XRAY) has an Earnings ESP of +6.95% and a Zacks Rank #1.
Allena Pharmaceuticals, Inc. (NASDAQ:ALNA) has an Earnings ESP of +7.55% and a Zacks Rank #1.
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