InMode Boosts FY23 Adj. EPS Outlook
(RTTNews) - Based on preliminary financial results for the fourth quarter and full year 2023 on Tuesday, medical technology firm InMode Ltd. (INMD) currently expects adjusted earnings for the fourth quarter in a range of $0.68 to $0.69 per share on revenues between $126.0 million and $126.5 million.
On average, six analysts polled by Thomson Reuters expect the company to report earnings of $0.63 per share on revenues of $128.36 million for the quarter. Analysts' estimates typically exclude special items.
For fiscal 2023, the company now projects adjusted earnings in a range of $2.54 to $2.55 per share on revenues between $491.3 million and $491.8 million. Previously, the company expected adjusted earnings in the range of $2.47 to $2.50 per share on revenues between $485 million and $495 million.
The Street is currently looking for earnings of $2.49 per share on revenues of $493.60 million for the year.
Looking ahead to fiscal 2024, the company expects revenue to be in the range of $495 million to $505 million. Analysts expect revenues of $524.18 million for the year.
InMode Q4 Results Top Estimates; Guides FY24 Adj. EPS Above Estimates
InMode Sees Q2 Adj. EPS Well Above Estimates; Boosts FY22 Revenue Outlook
Japan GDP Data Due On Friday
U.S. Dollar Firms After Strong PPI Data
Canadian Market Remains In Negative Territory After Weak Start
Swiss Market Ends Modestly Higher After Mild Struggle
Major European Markets Close On Positive Note
