Recap: Invacare Q2 Earnings

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Invacare IVC reported its Q2 earnings results on Monday, August 8, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Invacare missed estimated earnings by 47.62%, reporting an EPS of $-0.62 versus an estimate of $-0.42.

Revenue was down $36.85 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.26 which was followed by a 13.77% drop in the share price the next day.

Here's a look at Invacare's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.43 0.02 -0.19 -0.23
EPS Actual -0.69 0.08 -0.12 -0.28
Revenue Estimate 197.46M 239.89M 219.53M 214.60M
Revenue Actual 200.99M 226.19M 224.20M 225.86M

To track all earnings releases for Invacare visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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