FMP

FMP

ResMed (NYSE:RMD) Quarterly Earnings Preview

  • The anticipated EPS of $2.36 represents a 10.8% increase from the previous year.
  • Projected revenue increase of 7.3% compared to the same quarter last year.
  • ResMed's financial health is highlighted by a debt-to-equity ratio of 0.16 and a current ratio of 3.33.

ResMed (NYSE:RMD) is a prominent player in the healthcare sector, specializing in the development and manufacturing of equipment for sleep disorders, such as sleep apnea. The company is set to release its quarterly earnings on April 23, 2025. Analysts predict an earnings per share (EPS) of $2.36 and revenue of approximately $1.28 billion.

The anticipated EPS of $2.36 represents a 10.8% increase from the previous year, showcasing ResMed's growth trajectory. This growth is supported by a projected revenue increase of 7.3% compared to the same quarter last year. Despite this positive outlook, the consensus EPS estimate has been slightly revised down by 0.1% over the past 30 days, as highlighted by analysts.

ResMed's financial health is underscored by its debt-to-equity ratio of 0.16, indicating a low level of debt relative to its equity. This suggests a stable financial structure, which is further supported by a strong current ratio of 3.33. This ratio implies that ResMed is well-positioned to cover its short-term liabilities with its short-term assets.

The upcoming earnings report will be pivotal for ResMed's stock performance. If the company exceeds the EPS and revenue estimates, the stock price could see an upward movement. Conversely, falling short of these expectations might lead to a decline. The management's insights during the earnings call will be crucial in evaluating the sustainability of any immediate price changes and future earnings projections.