Intuitive Surgical Stock Tanks. Blame the Cautious Guidance.

Intuitive Surgical stock was tanking after the surgical systems manufacturer beat earning expectations but failed to significantly raise guidance for upcoming quarters.

The company posted first-quarter results after the market closed on Thursday. Intuitive Surgical (ticker: ISRG) reported earnings of $1.13 a share, beating estimates for $1.08 a share, on $1.49 billion in revenue, which topped estimates for $1.43 billion.

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Source: https://www.barrons.com/articles/intuitive-surgical-isrg-stock-earnings-guidance-51650641584?siteid=yhoof2&yptr=yahoo