Teleflex (NYSE:TFX) reported its Q1 earnings results on Thursday, April 28, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
Teleflex beat estimated earnings by 4.73%, reporting an EPS of $2.88 versus an estimate of $2.75.
Revenue was up $7.79 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07 which was followed by a 1.46% increase in the share price the next day.
Here's a look at Teleflex's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 3.53 | 3.03 | 2.87 | 2.42 |
| EPS Actual | 3.60 | 3.51 | 3.35 | 2.87 |
| Revenue Estimate | 748.63M | 698.44M | 685.91M | 626.25M |
| Revenue Actual | 761.91M | 700.25M | 713.47M | 633.92M |
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
Teleflex management provided guidance for FY 2022, expecting earnings between $13.7 and $14.3 per share.
To track all earnings releases for Teleflex visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
