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Edwards Lifesciences logoEdwards Lifesciences EW

Edwards said continuing operations net sales for Q3 2024 were $1,354.4 million, up 8.9% from $1,243.4 million a year earlier, and up 9.6% on a constant currency basis, which excludes the effect of foreign exchange.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Edwards said continuing operations net sales for Q3 2024 were $1,354.4 million, up 8.9% from $1,243.4 million a year earlier, and up 9.6% on a constant currency basis, which excludes the effect of foreign exchange.

  2. The company said it completed the sale of Critical Care in Q3. Income from discontinued operations, net of tax, was $2,707.3 million, net income was $3,069.4 million, and diluted earnings per share were $5.13. Net income from continuing operations was $362.1 million.

  3. Edwards said adjusted EPS for Q3 was $0.67 and that its full-year sales growth guidance of 8 to 10% remains unchanged. The company said it expects Q4 sales of $1.33 to $1.39 billion and EPS of $0.53 to $0.57.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.

Q3 Continuing Operations Net Sales $1,354.4 million

Edwards said continuing operations net sales for Q3 2024 were $1,354.4 million, up 8.9% from $1,243.4 million a year earlier, and up 9.6% on a constant currency basis, which excludes the effect of foreign exchange.

Source · Based on the filing body and exhibits

Edwards Q3 Net Income and Critical Care Sale

The company said it completed the sale of Critical Care in Q3. Income from discontinued operations, net of tax, was $2,707.3 million, net income was $3,069.4 million, and diluted earnings per share were $5.13. Net income from continuing operations was $362.1 million.

Source · Based on the filing body and exhibits

Edwards Adjusted EPS, Q4 Outlook

Edwards said adjusted EPS for Q3 was $0.67 and that its full-year sales growth guidance of 8 to 10% remains unchanged. The company said it expects Q4 sales of $1.33 to $1.39 billion and EPS of $0.53 to $0.57.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.