5 Stocks Surprise Traders After Earnings

Merit Medical Systems, Inc. (NASDAQ:MMSI) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 11.76% to $0.15 in the quarter versus EPS of $0.17 in the year-earlier quarter. Revenue rose 12.23% to $102.23 million from the year-earlier quarter.

Merit Medical Systems, Inc. reported adjusted EPS income of $0.15 per share. By that measure, the company missed the mean analyst estimate of $0.19. It missed the average revenue estimate of $104.69 million.