Insulet Corp (PODD, Financial) is set to release its Q2 2024 earnings on Aug 8, 2024. The consensus estimate for Q2 2024 revenue is $463.32 million, and the earnings are expected to come in at $0.56 per share. The full year 2024's revenue is expected to be $1.98 billion and the earnings are expected to be $3.05 per share. More detailed estimate data can be found on the Estimates page.
Insulet Corp (PODD, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Insulet Corp (PODD) have seen an increase from $1.96 billion to $1.98 billion for the full year 2024, and from $2.33 billion to $2.35 billion for 2025. During the same period, earnings estimates have risen from $2.87 per share to $3.05 per share for the full year 2024, while for 2025, they have slightly decreased from $3.77 per share to $3.75 per share.
Insulet Corp (PODD, Financial) Reported History
In the previous quarter of March 31, 2024, Insulet Corp's (PODD) actual revenue was $441.70 million, which beat analysts' revenue expectations of $424.05 million by 4.16%. Insulet Corp's (PODD) actual earnings were $0.73 per share, which beat analysts' earnings expectations of $0.43 per share by 70.56%. After releasing the results, Insulet Corp (PODD) was down by -6.55% in one day.
Insulet Corp (PODD, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 20 analysts, the average target price for Insulet Corp (PODD) is $233.32 with a high estimate of $270 and a low estimate of $185. The average target implies an upside of 18.77% from the current price of $196.44.
Based on GuruFocus estimates, the estimated GF Value for Insulet Corp (PODD, Financial) in one year is $463.15, suggesting an upside of 135.77% from the current price of $196.44.
Based on the consensus recommendation from 23 brokerage firms, Insulet Corp's (PODD, Financial) average brokerage recommendation is currently 1.7, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
