Enovis Q1 Adjusted Earnings, Sales Rise; Updates 2025 Outlook

MT Newswires Live
05-08

Enovis (ENOV) reported Q1 adjusted net earnings Thursday of $0.81 per diluted share, up from $0.50 a year earlier.

Analysts polled by FactSet expected $0.74.

Net sales for the quarter ended April 4 were $558.8 million, up from $516.3 million a year earlier.

Analysts surveyed by FactSet expected $558.9 million.

The company updated its 2025 adjusted EPS outlook range to now be between $2.95 and $3.10 from the prior outlook range of $3.10 to $3.25. Analysts surveyed by FactSet expect $3.19.

Revenue for the year is projected to be between $2.22 billion and $2.25 billion from the prior outlook of between $2.19 billion and $2.22 billion. Analysts surveyed by FactSet expect $2.21 billion.

Enovis shares fell 8% in premarket activity Thursday.

Price: 31.50, Change: -2.74, Percent Change: -8.00

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