Cantel Medical (CMD) Misses Q2 Earnings and Income Estimates

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Cantel Medical (CMD) Misses Q2 Earnings and Income Estimates

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Cantel Medical (CMD) got here out with quarterly earnings of $0.61 per share, lacking the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.57 per share a yr in the past. These figures are adjusted for non-recurring gadgets.

This quarterly report represents an earnings shock of -10.29%. 1 / 4 in the past, it was anticipated that this medical tools maker would submit earnings of $0.57 per share when it truly produced earnings of $0.65, delivering a shock of 14.04%.

Over the past 4 quarters, the corporate has surpassed consensus EPS estimates two occasions.

Cantel, which belongs to the Zacks Medical – Devices trade, posted revenues of $288.50 million for the quarter ended January 2020, lacking the Zacks Consensus Estimate by 1.60%. This compares to year-ago revenues of $224.54 million. The corporate has topped consensus income estimates 3 times during the last 4 quarters.

The sustainability of the…



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