ISRG

The pandemic interrupted sales for medical-device companies but the company said Tuesday that revenues recovered faster than expected in the October quarter.

This article will reflect on the compensation paid to Gary Guthart who has served as CEO of Intuitive Surgical, Inc...

Baird's survey of health systems CFOs (80 of them, representing about $76B in annual revenue and about 84,000 licensed inpatient beds) points to a somewhat upbeat mood for 2021. Comps

Polen Capital Management recently released its Q3 2020 Investor Letter, a copy of which you can download here. During the third quarter of 2020, the Polen Focus Growth Composite Portfolio returned 10.15% gross of fees, while the Russell 1000 Growth Index was up 13.22% and the S&P 500 Index was up 8.93%. You should check […]

Looking at Q3, Intuitive Surgical (NASDAQ: ISRG) earned $270.40 million, a 235.48% increase from the preceding quarter. Intuitive Surgical also posted a total of $1.08 billion in sales, a 26.51% increase since Q2. In Q2, Intuitive Surgical brought in $852.10 million in sales but only earned $80.60 million.Why ROCE Is Significant Changes in earnings and sales indicate shifts in Intuitive Surgical's Return on Capital Employed, a measure of yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of a company and is a sign of higher earnings per share in the future. In Q3, Intuitive Surgical posted an ROCE of 0.03%.It is important to keep in mind ROCE evaluates past performance and is not used as a predictive tool. It is a good measure of a company's recent performance, but several factors could affect earnings and sales in the near future.View more earnings on ISRGReturn on Capital Employed is an important measurement of efficiency and a useful tool when comparing companies that operate in the same industry. A relatively high ROCE indicates a company may be generating profits that can be reinvested into more capital, leading to higher returns and growing EPS for shareholders.In Intuitive Surgical's case, the positive ROCE ratio will be something investors pay attention to before making long-term financial decisions.Q3 Earnings Insight Intuitive Surgical reported Q3 earnings per share at $2.77/share, which beat analyst predictions of $2.07/share.See more from Benzinga * Click here for options trades from Benzinga * ROCE Insights For Cadence Design Systems * Analyzing RH's Unusual Options Activity(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.