LeMaitre Vascular, Inc. (NASDAQ:LMAT) is reporting second quarter financial results on Thursday 23rd July 2020, after market close.
According to analysts surveyed by Thomson Reuters, LMAT is expected to report 2Q20 income of $ 0.01 per share from revenue of $ 17.12 million.
For the full year, analysts anticipate top line of $ 95.66 million, while looking forward to income of $ 0.45 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 127.40 million ~ $ 130.80 million, where as bottomline are predicted in a range of $ 0.90 ~ $ 0.98 per share
Click Here For More Historical Outlooks Of LeMaitre Vascular, Inc.
Previous Quarter Performance
LeMaitre Vascular, Inc. announced income for the first quarter of $ 0.16 per share, from the revenue of $ 30.55 million. The quarterly earnings reduced 5.88 percent while revenues swell 9.34 percent compared with the same quarter last year.
Wall street analysts are predicting, LMAT to report 1Q20 income of $ 0.15 per share from revenue of $ 30.30 million. The bottom line results beat street analysts by $ 0.01 or 6.67 percent, at the same time, top line results outshined analysts by $ 0.25 million or 0.83 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of LMAT was $ 28.16, representing a 50.11 % increase from the 52 week low of $ 18.76 and a 27.12 % decrease over the 52 week high of $ 38.64.
The company has a market capital of $ 568.32 million and is part of the Healthcare sector and Medical Instruments & Supplies industry.
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Recent Stock Dividend Announcement
On April 30, 2020, the board of directors authorized quarterly dividend of $ 0.095 per share to holders of record as of the close of business on May 20, 2020, with payment date of June 4, 2020 and ex-dividend date on May 19, 2020.
Conference Call
LeMaitre Vascular, Inc. will be hosting a conference call at 5:00 PM eastern time on 23rd July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.lemaitre.com
LeMaitre Vascular, Inc. designs, markets, sells, services, and supports medical devices and implants for the treatment of peripheral vascular disease worldwide. The company offers angioscope, a fiber optic catheter used for viewing the lumen of a blood vessel; embolectomy catheters to remove blood clots from arteries or veins; occlusion catheters that temporarily occlude the blood flow; perfusion catheters to temporarily perfuse the blood and other fluids into the vasculature; and thrombectomy catheters, which features a silicone balloon for removing thrombi in the venous system.
