Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Icu Medical (ICUI)
NASDAQ:ICUI
Holding ICUI?
Track your performance easily
Earnings Data
Report Date
Mar 04, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$1.48Last Year’s EPS
$1.57Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 12, 2024
|% Change Since: -11.90%
|Next Earnings Date:Mar 04, 2025
Earnings Call Sentiment|Positive
The earnings call presented a generally positive outlook with strong revenue growth, successful strategic initiatives like the joint venture with Otsuka, and improvements in cash flow and financial metrics. However, challenges such as foreign exchange impacts and flat performance in some segments were noted.Company Guidance
In the ICU Medical's Q3 2024 earnings call, the company reported a revenue of $580 million, reflecting a total growth of 7% on a constant currency basis and 6% on a reported basis. Adjusted EBITDA was noted at $95 million, with earnings per share (EPS) reaching $1.59. Gross margins were higher than anticipated due to supply chain efficiencies, foreign exchange, and sales mix benefits. The company generated a solid free cash flow, increasing its cash balance to $313 million. The Consumables segment saw a 9% growth, while the ID Systems business unit grew 10% on a constant currency basis. The company also announced a strategic joint venture with Otsuka, expected to deconsolidate IV Solutions' financial results while maintaining only a proportional share in the net earnings of the joint venture. This partnership aims to enhance market offerings with innovative solutions and ensure supply reliability.Revenue and Growth
Revenue for Q3 was $580 million, reflecting a total company growth of 7% on a constant currency basis or 6% on a reported basis. Consumables grew 9% on both constant currency and reported basis.
Strong Financial Performance
Adjusted EBITDA increased by 6% to $95 million compared to $90 million last year. Adjusted EPS was $1.59, slightly up from $1.57 last year.
Joint Venture with Otsuka
Announcement of a strategic joint venture with Otsuka Pharmaceutical Factory to enhance the IV Solutions business, expected to bring innovation and supply reliability to the market.
Cash Flow and Debt Reduction
Free cash flow was $16 million for the quarter, with plans to reduce accounts receivable factoring program utilization. Cash balance increased to $313 million, with plans to pay down debt significantly by the end of 2025.
FDA Inspection Success
A follow-up FDA inspection at the Minneapolis site was completed with no observations, marking a significant step in quality improvement efforts.
---
ICUI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
ICUI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 12, 2024 | $178.01 | $174.81 | -1.80% |
| Aug 07, 2024 | $121.79 | $151.35 | +24.27% |
| May 07, 2024 | $101.77 | $100.60 | -1.15% |
| Feb 27, 2024 | $106.81 | $112.48 | +5.31% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Icu Medical (ICUI) report earnings?
Icu Medical (ICUI) is schdueled to report earning on Mar 04, 2025, TBA Not Confirmed.
What is Icu Medical (ICUI) earnings time?
Icu Medical (ICUI) earnings time is at Mar 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ICUI EPS forecast?
ICUI EPS forecast for the fiscal quarter 2024 (Q4) is $1.48.
---