A Look Ahead: Teleflex's Earnings Forecast

Teleflex (NYSE:TFX) is gearing up to announce its quarterly earnings on Thursday, 2024-10-31. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Teleflex will report an earnings per share (EPS) of $3.39.

Investors in Teleflex are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Overview of Past Earnings

The company's EPS beat by $0.09 in the last quarter, leading to a 0.5% increase in the share price on the following day.

Here's a look at Teleflex's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

3.33

3.07

3.26

3.27

EPS Actual

3.42

3.21

3.38

3.64

Price Change %

1.0%

2.0%

0.0%

1.0%

Analyst Opinions on Teleflex

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Teleflex.

The consensus rating for Teleflex is Outperform, based on 6 analyst ratings. With an average one-year price target of $264.5, there's a potential 11.87% upside.

Understanding Analyst Ratings Among Peers

In this comparison, we explore the analyst ratings and average 1-year price targets of Globus Medical, Penumbra and Glaukos, three prominent ...