Edwards Lifesciences Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Edwards Lifesciences (NYSE:EW) Full Year 2024 Results

Key Financial Results

• Revenue: US$5.44b (up 8.6% from FY 2023).
• Net income: US$1.40b (up 14% from FY 2023).
• Profit margin: 26% (up from 24% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: US$2.34 (up from US$2.02 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Edwards Lifesciences EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) exceeded analyst estimates significantly.

The primary driver behind last 12 months revenue was the United States segment contributing a total revenue of US$3.21b (59% of total revenue). The largest operating expense was General & Administrative costs, amounting to US$1.79b (61% of total expenses). Explore how EW's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Medical Equipment industry in the US.

Performance of the American Medical Equipment industry.

The company's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Edwards Lifesciences' balance sheet and an in-depth analysis of the company's financial position.

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