FINWIRES · TerminalLIVE
FINWIRES

Research Alert: Edwards Lifesciences: Tavr Sales Expansion Drives Q1 Eps Beat

-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

Edwards Lifesciences reported strong Q1 results with sales growing 16.7% Y/Y to $1.65B and adjusted EPS of $0.78, beating consensus estimates by $0.05. Operating margin expanded to 31.4% from 29.1% in the prior-year quarter, supported by $500M in quarterly share repurchases. The company benefits from momentum generated by EARLY TAVR study data driving earlier disease intervention, while Boston Scientific's European market exit strengthened EW's TAVR positioning, in our view. EW raised full-year 2026 guidance to 10% constant currency sales growth and $3.00 adjusted EPS midpoint, representing 17% growth vs. 2025. TAVR sales of $1.20B grew 14.4% Y/Y supported by SAPIEN growth globally, with raised guidance to 8% midpoint from 7% previously. TMTT sales surged 51.9% Y/Y driven by PASCAL adoption and higher EVOQUE utilization as procedure volumes rose in the double digits. We expect continued operating margin expansion toward the high end of EW's 28%-29% guidance range in 2026.

Related Articles

Asia

CGN Mining Achieves 97% of Q1 Uranium Production Plan

CGN Mining (HKG:1164) said its uranium production for the first quarter of 2026 totaled 580.9 tonnes of uranium (tU), achieving 97% of the planned output of 598.4tU, according to a Thursday Hong Kong bourse filing.Shares of the miner were down nearly 2% in Friday morning trade.Production at its Semizbay-U joint venture reached 154.5tU, completing 89% of its quarterly plan, while output at its Ortalyk associate totaled 426.4tU, meeting 100% of target levels.As of March 31, CGN Mining held 967tU, with an average cost of $80.60 per pound, and had undelivered contracted sales of 2,519tU at an average price of $89.20 per pound, the miner said.

$HKG:1164
Asia

Structural Monitoring Systems Posts Lower Fiscal Q3 Net Profit; Shares Up 7%

Structural Monitoring Systems (ASX:SMN) reported Friday fiscal third-quarter net profit after tax of AU$1.2 million, down from AU$1.5 million a year earlier.Avionics revenue for the three months ended March 31 increased to AU$5.7 million from AU$5.4 million in the prior year, while contract manufacturing revenue declined to AU$2.2 million from AU$2.5 million over the same period.The company's shares rose around 7% in recent Friday trade.

$ASX:SMN
Asia

Brazilian Critical Minerals Starts Auger Drilling at Brazil Project in March Quarter; Shares Up 3%

Brazilian Critical Minerals (ASX:BCM) started auger drilling at the Ema project in Brazil during the period ended March 31, delivering rare earth element intercepts across 49 holes, supporting a mineral resource estimate update and in-situ recovery development pathway, according to a Friday filing with the Australian bourse.Drilling confirmed the lateral continuity necessary for the design of the in-situ recovery wellfield, with mineralization extending across an 82-square-kilometer area, the filing said.Two trial mining license applications and final exploration reports are under evaluation, while the environmental permit is progressing, per the filing.Shares rose 3% in midday trade on Friday.

$ASX:BCM