Intuitive Surgical Earnings, Revenue Beat in Q2

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Intuitive Surgical announced earnings per share of $1.11 on revenue of $852.1M. Analysts polled by Investing.com anticipated EPS of $0.6 on revenue of $658.51M.

Intuitive Surgical shares are up 11% from the beginning of the year , still down 2.63% from its 52 week high of $675.00 set on July 21. They are under-performing the Nasdaq 100 which is up 24.05% from the start of the year.

Intuitive Surgical shares gained 2.05% in after-hours trade following the report.

Intuitive Surgical’s report follows an earnings beat by J&J on Thursday, who reported EPS of $1.67 on revenue of $18.34B, compared to forecasts EPS of $1.49 on revenue of $17.61B.

Novartis ADR had beat expectations on Tuesday with second quarter EPS of $1.36 on revenue of $11.35B, compared to forecast for EPS of $1.34 on revenue of $11.9B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar