Teleflex (TFX) to report earnings tomorrow: here is what to expect

What happened

Medical technology company Teleflex is scheduled to report earnings Thursday before the market opens. Analysts expect revenue to rise 1.3% year over year this quarter, compared with a 27% decline in the same quarter last year. Last quarter, Teleflex reported revenue of $570.3 million, up 28.9%.

Confirmed

Global impact / market context

The results will show whether Teleflex can sustain revenue growth after a sharp year-on-year decline in the comparable quarter. Revenue influences the funds available to cover operating costs and support investment; a miss against expectations could therefore change investors’ assessment of the company’s growth prospects.

Analyst inference

Analysts generally reconfirmed their estimates over the past 30 days, indicating little change in their expectations before the report. Teleflex has missed revenue estimates multiple times in the past two years, while peers Intuitive Surgical and Integra LifeSciences reported growth of 21.7% and 2.3%, respectively.

Confirmed

What to watch

1. Compare reported revenue with the expected 1.3% year-on-year growth; a shortfall would indicate weaker sales than analysts currently anticipate. Analyst inference
2. Check whether Teleflex reports earnings before the market opens Thursday, as stated, and whether it provides updated full-year earnings guidance alongside its results. Analyst inference
3. Review the company’s earnings against its recent record of revenue estimate misses and last quarter’s $570.3 million revenue, up 28.9% year over year. Analyst inference

Evidence

• stockstory.org