LeMaitre Vascular Inc. (LMAT) witnessed a sharp 10.63% plummet in its stock price on Friday's intraday trading session. This sell-off was triggered by the company's fourth-quarter 2024 earnings report and disappointing first-quarter 2025 guidance, which fell short of analysts' expectations.
In the fourth quarter, LeMaitre reported earnings per share (EPS) of $0.49, in line with estimates. However, its revenue of $55.7 million missed Wall Street's consensus estimate of $56 million. This revenue miss appears to be the primary catalyst behind the stock's steep decline.
Adding to investor concerns, LeMaitre's first-quarter 2025 revenue guidance of $56.7-$58.7 million also fell short of analysts' expectations, further exacerbating the sell-off. While the company's Q1 EPS guidance range of $0.48-$0.53 was in line with estimates, the weak revenue outlook overshadowed this positive aspect, weighing heavily on the stock's performance.