5 Stocks Beat Traders’ Expectations
The Spectranetics (NASDAQ:SPNC) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased to $0.03 in the quarter versus EPS of $0.00 in the year-earlier quarter. Revenue rose 13.01% to $36.75 million from the year-earlier quarter.
The Spectranetics reported adjusted EPS income of $0.03 per share. By that measure, the company beat the mean analyst estimate of $0.01. It beat the average revenue estimate of $36.37 million.