OSI Systems Inc reports results for the quarter ended in March - Earnings Summary

• OSI Systems Inc OSIS reported quarterly adjusted earnings of $2.16​​ per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of $1.49. The mean expectation of four analysts for the quarter was for earnings of $2.10 per share. Wall Street expected results to range from $2.05 to $2.17 per share.

• Revenue rose 33.8% to $405.41 million from a year ago; analysts expected $403.46 million.

• OSI Systems Inc's reported EPS for the quarter was $1.95​.

• The company reported quarterly net income of $34.04 million.

• OSI Systems Inc shares had fallen by 2.2% this quarter and gained 8.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3.3% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the electronic equipment & parts peer group is also "buy"

Wall Street's median 12-month price target for OSI Systems Inc is $161.50

This summary was machine generated from LSEG data April 25 at 05:02 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)