Enovis Shares Rise After Reporting Higher Fiscal Q1 Adjusted EPS, Net Sales, Reiterating Fiscal 2026 Guidance
Enovis (ENOV) shares were up more than 8% in early trading on Thursday after the company posted higher fiscal Q1 results and maintained its fiscal 2026 outlook.The company reported fiscal Q1 adjusted net income of $0.89 per diluted share, up from $0.65 a year earlier.Analysts polled by FactSet expected $0.81.Net sales for the quarter ended April 3 were $589.2 million, up from $558.8 million a year earlier.Analysts surveyed by FactSet expected $572 million.The company reaffirmed fiscal 2026 adjusted EPS guidance of $3.52 to $3.73. Analysts polled by FactSet expect $3.59.Enovis also reaffirmed fiscal 2026 revenue guidance of $2.31 billion to $2.37 billion. Analysts surveyed by FactSet expect $2.34 billion.Price: $26.15, Change: $+1.28, Percent Change: +5.15%
