Edwards Lifesciences (NYSE:EW) Full Year 2024 Results

Key Financial Results

• Revenue: US$5.44b (down 9.4% from FY 2023).
• Net income: US$1.40b (flat on FY 2023).
• Profit margin: 26% (up from 23% in FY 2023). The increase in margin was driven by lower expenses.
• EPS: US$2.34.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Edwards Lifesciences EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) exceeded analyst estimates significantly.

Looking ahead, revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Medical Equipment industry in the US.

The company's shares are up 5.2% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Edwards Lifesciences' balance sheet and an in-depth analysis of the company's financial position.

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