Teleflex: Q1 Earnings Insights

Teleflex 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:

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.