Globus Medical, Inc. logo

GMED

Globus Medical, Inc.

$67.23

Earnings Summary

Revenue
$606.67Mn
Net Profits
$-7.12Mn
Net Profit Margins
-1.17%
PE Ratio
124.07

Highlights

Revenue:

Globus Medical, Inc.’s revenue jumped 119.26% since last year same period to $606.67Mn in the Q1 2024. On a quarterly growth basis, Globus Medical, Inc. has generated -1.6% fall in its revenue since last 3-months.

Net Profits:

Globus Medical, Inc.’s net profit fell -114.49% since last year same period to $-7.12Mn in the Q1 2024. On a quarterly growth basis, Globus Medical, Inc. has generated -147.34% fall in its net profits since last 3-months.

Net Profit Margins:

Globus Medical, Inc.’s net profit margin fell -106.61% since last year same period to -1.17% in the Q1 2024. On a quarterly growth basis, Globus Medical, Inc. has generated -148.11% fall in its net profit margins since last 3-months.

PE Ratio:

Globus Medical, Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 124.07.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Globus Medical, Inc. post its latest quarter earnings

EPS Estimate Current Year
0.57

Highlights

EPS Estimate Current Year:

Globus Medical, Inc.’s earning per share (EPS) estimates for the current year stand at 0.57.

Key Ratios

Key ratios of the Globus Medical, Inc. post its Q1 2024 earnings

Earning Per Share (EPS)
0.72
Return on Assets (ROA)
0.05
Return on Equity (ROE)
0.02

Highlights

Earning Per Share (EPS):

Globus Medical, Inc.’s earning per share (EPS) jumped 35.85% since last year same period to 0.72 in the Q1 2024. This indicates that the Globus Medical, Inc. has generated 35.85% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Globus Medical, Inc.’s return on assets (ROA) stands at 0.05.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Globus Medical, Inc.’s return on equity (ROE) stands at 0.02.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-07
0.57
0.72
26.32%