NYSE$TFX

Teleflex Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Teleflex's first quarter earnings increased compared to the prior year, but the company withdrew its 2020 financial guidance due to the COVID-19 pandemic.

Teleflex reported a 2.8% increase in net revenues to $630.6 million for the first quarter of 2020, with GAAP EPS increasing by 212.4% to $2.78 and adjusted diluted EPS increasing by 21.4% to $2.72. However, due to the uncertainty caused by the COVID-19 pandemic, the company withdrew its previously provided 2020 financial guidance.

  • Net revenues increased by 2.8% to $630.6 million compared to the prior year period.
  • GAAP earnings per share from continuing operations increased 212.4% to $2.78.
  • Adjusted diluted earnings per share from continuing operations increased 21.4% to $2.72.
  • The company withdrew its previously provided 2020 financial guidance due to the COVID-19 pandemic.

Headline financials

Total Revenue

$631M

Previous: $614M+2.8%
EPS (adj)

$2.72

Previous: $2.24+21.4%
Capital Expenditures

-$19.7M

Previous: -$23.5M+16.2%
Free Cash Flow

$111M

Previous: $17.4M+540.5%
Net Income

$131M

Previous: $40.9M+220.7%
Operating Income

$157M

Previous: $75.2M+108.8%
Gross Profit

$334M

Previous: $345M-3.2%
Cash & Equivalents

$406M

Previous: $271M+49.9%
Total Assets

$6.7B

Previous: $6.27B+6.9%
Stock-Based Comp

$3.52M

Previous: $5.78M-39.1%

Revenue & EPS history

Teleflex · Revenue · Quarterly

$631M

Q1 2020+2.8%vs Q1 2019
Beat estimate in 16 of 16 quarters(100%)
ActualEstimate

Revenue by segment

Teleflex · $358M total across 1 segment · Q1 2020

  • Americas Segment
    $358M+4.1%

Forward guidance

Teleflex withdrew its previously issued 2020 financial guidance due to the uncertainty regarding the scope and duration of the COVID-19 global pandemic.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

-0.4%

Avg return

Earnings day

-2.6%

Avg return

5 days after

-1.9%

Avg return

30 days after

53%

36 / 68 earnings

Positive

+12.5%

Q3 2023

Best reaction

-21.7%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+6.9%+4.6%+5.2%
Q4 2025+6.5%+9.2%+3.9%
Q3 2025-13.3%-10.0%-3.4%
Q1 2025-8.2%-12.0%-10.8%
Q4 2024-21.7%-26.4%-22.4%
Q3 2024-10.2%-13.5%-18.0%
Q2 2024+7.3%+4.5%+11.0%
Q1 2024-4.0%-4.7%-1.2%
Q4 2023-5.3%-9.9%-12.0%
Q3 2023+12.5%+9.2%+21.4%
Q2 2023-4.3%-7.6%-14.1%
Q1 2023-5.2%-7.4%-13.1%
Q4 2022-2.3%-1.0%+3.4%
Q3 2022+3.1%+5.6%+8.6%
Q2 2022-9.8%-5.9%-15.9%
Q1 2022-9.7%-9.9%-8.3%
Q4 2021+6.4%+3.4%+5.3%
Q3 2021-2.5%+0.9%-16.7%
Q2 2021-0.5%-3.6%-2.8%
Q1 2021-4.8%-7.0%-9.4%
Q4 2020-0.6%+0.8%+3.2%
Q3 2020-5.0%-0.8%+10.8%
Q2 2020-7.0%-8.2%-4.0%
Q1 2020-6.7%-3.5%+2.8%
Q4 2019-6.3%-11.9%-38.3%
Q3 2019+4.9%+1.9%+7.1%
Q2 2019+6.4%+6.8%+7.1%
Q1 2019+7.0%+4.9%+2.7%
Q4 2018-0.4%+0.7%+5.3%
Q3 2018+6.4%+6.9%+14.4%
Q2 2018-9.2%-12.4%-8.6%
Q1 2018+0.6%-0.7%-0.2%
Q4 2017-5.5%-6.0%-6.3%
Q3 2017+6.1%+7.7%+9.9%
Q2 2017+5.5%+4.9%+3.7%
Q1 2017-4.4%-7.2%-1.2%
Q4 2016+3.1%+3.9%+5.9%
Q3 2016-9.7%-11.2%-2.7%
Q2 2016+3.2%+3.0%+4.4%
Q1 2016-2.8%
Q4 2015+9.6%
Q3 2015+2.4%
Q2 2015-4.5%
Q1 2015+0.6%
Q4 2014+4.6%
Q3 2014+0.7%
Q2 2014+1.9%
Q1 2014+1.6%
Q4 2013+3.0%
Q3 2013+5.5%
Q2 2013+0.2%
Q1 2013-5.9%
Q4 2010-0.4%
Q4 2012+1.0%
Q3 2012+3.7%
Q2 2012+4.4%
Q1 2012+0.9%
Q4 2011+0.9%
Q3 2011-1.2%
Q2 2011+0.9%
Q1 2010+2.9%
Q1 2011+0.7%
Q4 2008-2.6%
Q3 2009-3.4%
Q3 2010-3.4%
Q2 2009+7.3%
Q4 2009+7.3%
Q2 2010+7.3%

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