Investing.com - Intuitive Surgical (NASDAQ:ISRG) reported fourth quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $3.48 on revenue of $1.28B. Analysts polled by Investing.com forecast EPS of $3.37 on revenue of $1.23B. That compared to EPS of $2.96 on revenue of $1.05B in the same period a year earlier. The company had reported EPS of $3.43 on revenue of $1.13B in the previous quarter.
Intuitive Surgical shares gained 0.21% to trade at $615.50 in after-hours trade following the report.
For the year, Intuitive Surgical shares are up 3.91%, outperforming the S&P 500 which is up 2.54% year to date.
Intuitive Surgical follows other major Healthcare sector earnings this month
On Wednesday, J&J reported fourth quarter EPS of $1.88 on revenue of $20.75B, compared to forecasts of EPS of $1.87 on revenue of $20.78B.
Abbott Labs earnings matched analyst's expectations on Wednesday, with fourth quarter EPS of $0.95 on revenue of $8.31B. Investing.com analysts expected EPS of $0.95 on revenue of $8.26B
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