Intuitive Surgical (ISRG) will report Q2 earnings this afternoon with a conference call to follow at 4:30 PM ET.
Current Cap IQ consensus estimates Q2 adj. EPS of $2.87 (vs $2.83 last year) on revs of $1.03 bln (+13%).
Last quarter, ISRG missed earnings estimates due to elevated R&D spend while revenue was a slight miss.
With a $61 bln market cap, the stock trades with a premium valuation of 45x EPS estimates vs. a ~35x average for large cap peers.
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