Recap: Insulet Q1 Earnings

Insulet (NASDAQ:PODD) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:01 PM. Here’s what investors…

Insulet (NASDAQ:PODD) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:01 PM.

Here’s what investors need to know about the announcement.

Earnings

Insulet beat estimated earnings by 109.09%, reporting an EPS of $0.23 versus an estimate of $0.11.

Revenue was up $62.70 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.34 which was followed by a 1.09% drop in the share price the next day.

Here’s a look at Insulet’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.21 0.15 0.22 0.23
EPS Actual 0.55 0.45 -0.06 0.40
Revenue Estimate 330.43M 312.52M 291.45M 288.18M
Revenue Actual 369.70M 340.80M 299.40M 295.40M

To track all earnings releases for Insulet visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Total
0
Shares
Related Posts
Read More

Nasdaq, S&P Futures Surge Ahead of FOMC Minutes, September Inflation Prints — PepsiCo, Tech And Chinese Stocks In Focus

The major U.S. index futures are pointing to a higher opening on Wednesday after the mixed close in the previous session. Bargain hunting following six straight sessions of declines by the broader market could help offset some of the nervousness of traders ahead of two inflation reports.

AMD