Integer Holdings (NYSE:ITGR) reported its Q1 earnings results on Thursday, April 28, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Integer Holdings missed estimated earnings by 8.24%, reporting an EPS of $0.78 versus an estimate of $0.85.
Revenue was up $20.45 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.13 which was followed by a 2.49% drop in the share price the next day.
Here's a look at Integer Holdings's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.86 | 0.84 | 0.91 | 0.73 |
| EPS Actual | 0.99 | 1.05 | 1.07 | 0.97 |
| Revenue Estimate | 307.70M | 303.23M | 294.17M | 284.20M |
| Revenue Actual | 313.01M | 305.57M | 312.02M | 290.47M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Integer Holdings management provided guidance for FY 2022, expecting earnings between $4.32 and $4.62 per share.
To track all earnings releases for Integer Holdings visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
