Compared to Estimates, Intuitive Surgical, Inc. (ISRG) Q4 Earnings: A Look at Key Metrics

Intuitive Surgical, Inc. (ISRG) reported $1.66 billion in revenue for the quarter ended December 2022, representing a year-over-year increase of 6.7%. EPS of $1.23 for the same period compares to $1.30 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $1.66 billion, representing no surprise. The company delivered an EPS surprise of -2.38%, with the consensus EPS estimate being $1.26.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Intuitive Surgical, Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Da Vinci Surgical System unit sales-International team: 188 compared to the 148.56 average estimate based on three analysts.
• Total Systems Installed Base (da Vinci Installed System Base): 7544 versus the three-analyst average estimate of 7619.3.
• Total System Units Shipped: 369 versus 346.44 estimated by three analysts on average.
• Da Vinci Surgical System unit sales-United States: 181 compared to the 197.87 average estimate based on three analysts.
• Revenue-Products (Instruments and Sytems): $1.39 billion versus the seven-analyst average estimate of $1.39 billion. The reported number represents a year-over-year change of +6%.
• Revenue-Services: $263.30 million versus the seven-analyst average estimate of $267.49 million. The reported number represents a year-over-year change of +10.6%.
• Revenue-Product-Systems: $451 million versus the seven-analyst average estimate of $440.81 million. The reported number represents a year-over-year change of -4%.
• Revenue-Product-Instruments and accessories: $940.70 million versus $953.97 million estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +11.6% change.
• Service gross profit: $179.30 million compared to the $178.89 million average estimate based on three analysts.
• Product gross profit: $931.30 million versus the three-analyst average estimate of $943.60 million.

View all Key Company Metrics for Intuitive Surgical, Inc. here>>>