Penumbra (NYSE: PEN) has set the date for the release of its third quarter financial results on Wednesday 30th October 2024, after market close. Investors and analysts will have a chance to analyze the company's performance during the quarter.
Financial analysts on Wall Street are anticipating that the firm will announce an estimated $0.69 profit per share for the quarter. Furthermore, the firm is projected to disclose a total revenue of $297.41 million for this period.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.67. This figure was a result of the company's total revenue, which reached an impressive $270.95 million during that specific period.
Wall street experts have shared their forecasts for the company's annual performance, indicating that they predict the company will achieve a total revenue of $1.19 billion. Additionally, they are expecting the earnings per share for the company to hit profit of $2.59 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.64 | +48.8% | 299.40 M | +14.5% |
| Q1 2024 | $0.41 | +78.3% | 278.66 M | +15.4% |
| Q4 2023 | $0.76 | +375.0% | 284.68 M | +28.7% |
| Q3 2023 | $0.67 | +6,600.0% | 270.95 M | +26.8% |
| Q2 2023 | $0.43 | +4,200.0% | 261.50 M | +25.5% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 30th October 2024 at 04:30 PM eastern time to review the Q3 2024 financial results.
Penumbra (PEN) closed Monday's regular trading session at $208.74, marking a 1.97 percent advance, with a volume of 536.90 thousand shares.
