Key Details
Price
$94.00Annual ROE
4.20%Beta
0.75Events Calendar
Next earnings date:
Feb 20, 2025Recent quarterly earnings:
Nov 05, 2024Recent annual earnings:
Feb 20, 2024Next ex-dividend date:
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AUDUBON, Pa., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Globus Medical, Inc. (NYSE:GMED), a top company in musculoskeletal solutions, will share its financial results for the fourth quarter and the entire year ending December 31, 2024, after the market closes on Thursday, February 20, 2025. You can find the release on the Globus Medical website at www.investors.globusmedical.com.
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GMED's successful merger with NuVasive and its strong results in the musculoskeletal solutions market are promising for investors. This combination creates valuable opportunities for growth. Overall, the outlook appears positive.
Globus Medical (GMED) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.
Globus Medical is experiencing significant growth in various areas of its product range, including expandables, biologics, minimally invasive screws, 3D printed implants, and cervical products.
AUDUBON, Pa., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Globus Medical, Inc. (NYSE: GMED), a top company in musculoskeletal solutions, has shared its early sales results for the fourth quarter and the entire year ending December 31, 2024. The company projects that its sales for the fourth quarter of 2024 will be around $657.0 million, which is a 6.6 percent rise compared to the same quarter in 2023. For the full year 2024, sales are expected to reach about $2.52 billion, marking a 60.6 percent increase from the previous year.
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The merger between Globus Medical and NuVasive, along with a solid financial situation, gives investors a reason to feel positive.
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Globus Medical (GMED) has received a Zacks Rank #2 (Buy) upgrade, indicating increased confidence in the company's potential earnings. This could lead to a rise in the stock price soon.
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