Edwards Earnings Add Fuel To Bullish MedTech Thesis, Analyst Says
Edwards Lifesciences Corp. (NYSE: EW ) stock rose Friday after the medical device maker reported second-quarter results that topped Wall Street estimates and raised the low end of its full-year revenue guidance. The company reported adjusted earnings of 78 cents per share for the second quarter, beating the analyst consensus estimate of 74 cents. Revenue increased to $1.741 billion from a year earlier, exceeding the $1.70 billion consensus estimate. Total sales rose 13.6% year over year, or 12.5% on a constant-currency basis. TAVR, TMTT Businesses Fuel Growth Transcatheter Aortic Valve Replacement (TAVR) sales increased 11.3% year over year, or 10.5% in constant currency, to $1.3 billion. The company said procedural growth benefited from sustained clinical momentum and growing evidence supporting earlier treatment of severe aortic stenosis. Growth was similar in the U.S. and internati...
Edwards Lifesciences Corp. (NYSE: EW ) stock rose Friday after the medical device maker reported second-quarter results that topped Wall Street estimates and raised the low end of its full-year revenue guidance. The company reported adjusted earnings of 78 cents per share for the second quarter, beating the analyst consensus estimate of 74 cents. 70 billion consensus estimate.
5% on a constant-currency basis. 3 billion. The company said procedural growth benefited from sustained clinical momentum and growing evidence supporting earlier treatment of severe aortic stenosis. S.
and international markets and also benefited from a competitor’s market exit in 2025. 9 million, supported by continued demand for the company’s repair and replacement therapies. Edwards said mitral and tricuspid procedure growth remained in the double digits globally. 5% from a year earlier to $284 million, or 5% in constant currency.
The increase was driven by continued adoption of the company’s RESILIA tissue technologies. 05 per share. 01. The company also raised the low end of its full-year revenue guidance.
90 billion. 745 billion. 0 billion. Analyst Sees More Upside Ahead William Blair analyst Brandon Vazquez said Friday that the results reinforced the firm’s bullish outlook on Edwards.
“Overall, the second quarter reaffirmed our bullish thesis on Edwards shares, offering one of the better setups for medtech growth,” Vazquez wrote. The analyst maintained an Outperform rating, saying the stock, trading at about 26 times projected 2027 earnings, could see further upside as earnings grow and additional catalysts emerge in the second half of 2026 and into 2027. 60 at the time of publication on Friday, according to Pro data. Read Also: Edwards Lifesciences Stands Out As US Agency Eyes Broader Access For Heart Valve Device Read Also: MaxLinear's AI Business Is Growing So Fast It Raised Revenue Expectations Again