Intuitive Surgical Earnings: 3 Things to Watch

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Whether you're a short, medium, or long-term shareholder of Intuitive Surgical, here are three things to watch when the company reports earnings.

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Intuitive Surgical Earnings: 3 Things to Watch

  1. 1. Intuitive Surgical Earnings: 3 Things to Watch
  2. 2. Short-Term Investors
  3. 3. Wall Street Expectations Revenue Q2: $502 million Full Year: $2.04 billion Earnings per Share Q2: $2.83 Full Year: $11.58 Short-Term Investors
  4. 4. •Because of uncertainty surrounding system sales in the United States, Intuitive Surgical hasn’t been offering guidance. •That being said, how the company performs against expectations will go a long way in determining the stock’s fate over the short-term. •It will be interesting to see if management feels comfortable reinstating guidance moving forward. Short-Term Investors
  5. 5. Medium-Term Investors
  6. 6. daVinci System Sales Many investors will be watching to see if U.S. hospitals will start loosening the purse strings to buy more daVinci robots. Medium-Term Investors
  7. 7. •For years, the company showed double digit growth in system sales for the daVinci in the United States. That growth actually went negative earlier this year. •Investors shouldn’t read too much into the system sales themselves, as uncertainty surrounding the Affordable Care Act is still lingering, and hospitals are likely wanting to see if the new daVinci Xi is worth the money. •Instead, focus on management comments regarding reception to the Xi. Medium-Term Investors
  8. 8. Long-Term Investors
  9. 9. More Surgical Diversity In order to be continually relevant for decades to come, the daVinci needs to help doctors perform surgery in ever-more procedures. Long-Term Investors
  10. 10. •Historically, the company’s machine has been most oft- used to perform hysterectomies and prostatectomies. •Last year, however, leading voices in the women’s health industry questioned the efficacy of using the daVinci to perform hysterectomies. •Some believe the new Xi will help diversify the types of procedures the daVinci can be used for. Listen in for specific results in “general surgery”, and comments by management. Long-Term Investors
  11. 11. Intuitive has been a great healthcare stock for those that got in early, but it’s been a roller-coaster ride. One way to smooth out those returns is by focusing on dividend stocks. Our top analysts put together a report on a group of high- yielding stocks that should be in any income investor’s portfolio.

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