Recap: LeMaitre Vascular Q1 Earnings - LeMaitre Vascular (NASDAQ:LMAT)

LeMaitre Vascular LMAT reported its Q1 earnings results on Tuesday, May 2, 2023 at 04:05 PM.

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

LeMaitre Vascular beat estimated earnings by 8.0%, reporting an EPS of $0.27 versus an estimate of $0.25.

Revenue was up $7.51 million from the same period last year.

Last quarter the company missed on EPS by $0.01 which was followed by a 4.29% increase in the share price the next day.

Here's a look at LeMaitre Vascular's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.26	0.28	0.26	0.28
EPS Actual	0.25	0.25	0.29	0.27
Revenue Estimate	40.99M	40.06M	41.45M	38.75M
Revenue Actual	40.95M	39.03M	42.11M	39.56M

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).

LeMaitre Vascular management provided guidance for FY 2023, expecting earnings between $1.14 and $1.28 per share.

To track all earnings releases for LeMaitre Vascular visit their earnings calendar here.

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