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

Simply Wall St·03/05/2025 10:20:22
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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).
revenue-and-expenses-breakdown
NYSE:EW Revenue and Expenses Breakdown March 5th 2025

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.