Recap: Teleflex Q3 Earnings

Shares of Teleflex TFX rose 0.1% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 6.73% year over year to $2.77, which beat the estimate of $2.24.

Revenue of $628,301,000 decreased by 3.09% from the same period last year, which beat the estimate of $619,400,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Teleflex hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Oct 29, 2020

Time: 08:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/c5jqihrc

Recent Stock Performance

52-week high: $409.27

52-week low: $221.27

Price action over last quarter: down 10.20%

Company Profile

Teleflex is a Wayne, Pennsylvania-based manufacturer of hospital supplies and medical devices primarily in the bloodstream/vascular and surgical areas. The firm reports results across seven segments: vascular access (23% of sales), interventional (17%), surgical (14%), anesthesia (13%), interventional urology (11%), original-equipment manufacturing (10%), and all other (12%). Geographic exposure for the business is primarily in the U.S., which accounts for 60% of revenue, with international markets making up the remainder.