Enovis Shares Rise After Fiscal Q3 Beat
MT newswire2026/11/05 14:10Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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10:10 AM EST, 11/05/2026 (MT Newswires) -- Enovis (ENOV) shares rose more than 16% on Thursday after the company posted higher-than-expected fiscal Q3 results. The company reported fiscal Q3 adjusted earnings Thursday of $0.88 per diluted share, up from $0.75 a year earlier. Analysts polled by FactSet expected $0.77. Revenue for the three months ended Oct. 2 was $558.7 million, up from $548.9 million a year earlier. Analysts expected $557.1 million. For the full-year 2026, the company now expects adjusted EPS of $3.58 to $3.79 on revenue of $2.32 billion to $2.35 billion. It earlier expected EPS of $3.52 to $3.73 on revenue of $2.31 billion to $2.37 billion. Analysts expected EPS of $3.63 on revenue of $2.34 billion. The company also approved a new share repurchase authorization to buy back up to $200 million of its common shares. Price: 28.47, Change: +4.05, Percent Change: +16.58
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