Investing.com - Intuitive Surgical (NASDAQ:ISRG) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Intuitive Surgical announced earnings per share of $1.14 on revenue of $1.52B. Analysts polled by Investing.com anticipated EPS of $1.2 on revenue of $1.56B.
Intuitive Surgical shares are down 21.1% from the beginning of the year and are trading at $195.67 , down-from-52-week-high.They are under-performing the S&P 500 which is down 16.11% from the start of the year.
Intuitive Surgical shares lost 12.94% in after-hours trade following the report.
Intuitive Surgical follows other major Healthcare sector earnings this month
Intuitive Surgical's report follows an earnings beat by UnitedHealth on Friday, July 15, 2022, who reported EPS of $5.57 on revenue of $80.33B, compared to forecasts EPS of $5.21 on revenue of $79.68B.
J&J had beat expectations on Tuesday with second quarter EPS of $2.59 on revenue of $24.02B, compared to forecast for EPS of $2.55 on revenue of $23.8B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar