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Edwards Lifesciences Corp. (EW) Sank To A New Low On Weak Q2 Guidance

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Edwards Lifesciences Corp. (EW) reported first quarter EPS of $1.24 after the bell Tuesday, up from $0.55 a year ago. The consensus estimate was for EPS of $0.76. Second quarter EPS is expected to be between $0.75 and $0.79. The consensus estimate is for EPS of $0.81.

Edwards Lifesciences gapped open dramatically lower Wednesday and fell in early trade, before settling into a narrow range. Shares finished down by 18.21 at $64.60 on the highest volume of the year. The stock sank to a new low for the year.

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