What Analyst Projections for Key Metrics Reveal About Integer (ITGR) Q1 Earnings

The upcoming report from Integer (ITGR) is expected to reveal quarterly earnings of $1.27 per share, indicating an increase of 11.4% compared to the year-ago period. Analysts forecast revenues of $431.84 million, representing an increase of 4.1% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 1.6% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.That said, let's delve into the average estimates of some Integer metrics that Wall Street analysts commonly model and monitor.The average prediction of analysts places 'Sales- Medical Sales- Cardiac Rhythm Management & Neuromodulation' at $162.26 million. The estimate indicates a year-over-year change of +3.8%.According to the collective judgment of analysts, 'Sales- Medical Sales- Advanced Surgical, Orthopedics & Portable Medical' should come in at $22.58 million. The estimate indicates a change of -22.5% from the prior-year quarter.Analysts expect 'Sales- Medical Sales- Cardio & Vascular' to come in at $247.02 million. The estimate points to a change of +11.4% from the year-ago quarter.View all Key Company Metrics for Integer here>>>Shares of Integer have experienced a change of -1.5% in the past month compared to the -8.9% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), ITGR is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Integer Holdings Corporation (ITGR): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks