Globus Medical Inc - Class A logo

GMED

Globus Medical Inc - Class A

$65.87

Earnings Summary

Revenue
$230.55Mn
Net Profits
$38.08Mn
Net Profit Margins
16.52%
PE Ratio
44.41

Highlights

Revenue:

Globus Medical Inc - Class A’s revenue jumped 1.41% since last year same period to $230.55Mn in the Q1 2022. On a quarterly growth basis, Globus Medical Inc - Class A has generated -7.79% fall in its revenue since last 3-months.

Net Profits:

Globus Medical Inc - Class A’s net profit fell -15.98% since last year same period to $38.08Mn in the Q1 2022. On a quarterly growth basis, Globus Medical Inc - Class A has generated 152.11% jump in its net profits since last 3-months.

Net Profit Margins:

Globus Medical Inc - Class A’s net profit margin fell -17.15% since last year same period to 16.52% in the Q1 2022. On a quarterly growth basis, Globus Medical Inc - Class A has generated 173.4% jump in its net profit margins since last 3-months.

PE Ratio:

Globus Medical Inc - Class A’s price-to-earnings ratio after this Q1 2022 earnings stands at 44.41.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Globus Medical Inc - Class A post its latest quarter earnings

EPS Estimate Current Quarter
0.53
EPS Estimate Current Year
0.53

Highlights

EPS Estimate Current Quarter:

Globus Medical Inc - Class A’s earning per share (EPS) estimates for the current quarter stand at 0.53 - a 12.77% jump from last quarter’s estimates.

EPS Estimate Current Year:

Globus Medical Inc - Class A’s earning per share (EPS) estimates for the current year stand at 0.53.

Key Ratios

Key ratios of the Globus Medical Inc - Class A post its Q1 2022 earnings

Earning Per Share (EPS)
0.42
Return on Assets (ROA)
0.07
Return on Equity (ROE)
0.09
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Globus Medical Inc - Class A’s earning per share (EPS) fell -14.29% since last year same period to 0.42 in the Q1 2022. This indicates that the Globus Medical Inc - Class A has generated -14.29% annual rate of fall 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 - Class A’s return on assets (ROA) stands at 0.07.

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 - Class A’s return on equity (ROE) stands at 0.09.

Dividend Per Share (DPS):

Globus Medical Inc - Class A declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-10
0.47
0.42
-10.64%

Company Information

Based in Audubon, Pennsylvania, Globus Medical, Inc. was founded in 2003 by an experienced team of professionals with a shared vision to create products that enable surgeons to promote healing in patients with musculoskeletal disorders.

Organisation
Globus Medical Inc - Class A
Headquarters
Audubon, Pennsylvania, United States
Employees
2.2K
Industry
Health Technology
CEO
David Demski