earnings
confidence high
sentiment positive
materiality 0.80
Enovis Q3 net sales $505M (+21% reported), adj. EPS $0.73 beat; raises FY adj. EPS guidance to $2.75-2.80
Enovis CORP
2024-Q3 EPS reported
-$2.23
revenue$1,546,648,000
- Q3 net sales $505M, up 21% reported/6% comparable; Recon sales +57% reported/9% comparable.
- Net loss from continuing ops $0.61/sh; adjusted EPS $0.73, up 30% YoY.
- Adjusted EBITDA $90M (17.9% of sales), margin +220 bps vs prior year.
- FY2024 guidance: revenue ~$2.10B; adj. EBITDA $373-378M; adj. EPS raised from $2.62-2.77 to $2.75-2.80.
- Lima acquisition contributed to Recon growth; integration progress cited.