Equity Profile

MMSI

Merit Medical Systems, Inc.

Health CareHealth Care Supplies$3.8B

Apr30Thu

Post-Earnings Recap

ReportedQ1-2026After Close4:05 PM EDT

Merit Medical Systems Beats on EPS, Stock Up 5.15%

Metric	Actual	Expected	Surprise
EPS	$0.94	$0.83	+28.77%
Revenue	N/A	$378M	N/A

management commentary, guidance changes, and full analysis available with Pro.

Merit Medical Systems Beats on EPS, Stock Up 5.15%

Key Numbers

Metric	Actual	Expected	Surprise
EPS	$0.94	$0.83	+28.77%
Revenue	N/A	$378M	N/A

Management Commentary

Tone: Unknown

No transcript is on record, so the analysis is based on numerical results only.

What It Means

Merit Medical Systems reported stronger-than-expected earnings per share, which likely contributed to the stock's positive reaction, rising 5.15%. However, revenue figures were not disclosed, leaving some uncertainty about overall performance. Investors may be encouraged by the EPS beat, but the lack of additional financial details and guidance could lead to cautious sentiment moving forward.

Company Snapshot

Merit Medical Systems, Inc. (MMSI) operates in the health care sector, focusing on providing medical supplies and devices....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a critical measure of profitability and indicates how much profit a company makes for each share of its stock.

$0.83

Revenue

Revenue growth is essential for assessing the company's ability to expand its operations and market presence.

$378M

Wall Street expectations, options signals, track record, and call prep available with Pro.

Original Pre-Earnings Preview

Context

Company Snapshot

Merit Medical Systems, Inc. (MMSI) operates in the health care sector, focusing on providing medical supplies and devices. As a key player in health care supplies, its performance can be influenced by trends in health care spending and advancements in medical technology.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+17.03%

Avg Stock Reaction

+0.68%

Last Quarter Recap

In Q4-2025, Merit Medical reported an EPS of $1.04, significantly beating expectations. The stock reacted positively, gaining 1.00% the following day.

Management Promises & Guidance

Continued focus on expanding product lines.
Commitment to improving operational efficiencies.
Plans to enhance customer engagement and support.

Expectations

Wall Street Expectations

Analysts expect Merit Medical to report solid earnings this quarter, with a consensus EPS of $0.83. Given the company's strong track record of beating estimates, there is optimism around its performance.

Bull Case

If Merit Medical exceeds the EPS estimate, it could signal strong demand for its products and further growth potential, leading to a positive stock reaction.

Bear Case

Conversely, if the company fails to meet expectations, it may raise concerns about its market position and future growth, potentially resulting in a negative stock response.

Key Metrics to Watch

Earnings Per Share (EPS)

$0.83

EPS is a critical measure of profitability and indicates how much profit a company makes for each share of its stock.

Revenue

$378M

Revenue growth is essential for assessing the company's ability to expand its operations and market presence.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will EPS exceed the consensus estimate of $0.83?

A higher EPS would reinforce the company's growth narrative and could lead to a positive market reaction.

What guidance can management provide regarding future revenue growth?

Clear guidance on revenue expectations will be crucial for investor confidence and could impact stock performance.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may underestimate the potential for revenue growth driven by new product launches and market expansion efforts.

Supporting Evidence

Merit Medical has consistently beaten EPS estimates, indicating stronger-than-expected demand.

The options market is pricing a larger move than historical averages, suggesting heightened expectations.

Management's previous commitments to operational improvements could lead to better-than-expected results.

Key Risk

If revenue growth exceeds $380M, it could challenge the current consensus outlook.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will be closely watched as it follows a series of strong earnings surprises, setting high expectations.

Bull Confirmed If

An EPS of $0.85 or higher would confirm strong operational performance and growth.

Bear Confirmed If

An EPS below $0.81 could indicate underlying issues and lead to negative sentiment.

Pre-Earnings Positioning

Options Market

Implied Move

±9.84%

Historical Avg

±1.6%

Pricing rich

The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±9.8% while MMSI has averaged ±1.6% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.6%

30d HV

25.3%

Calls (100)P/C Ratio: 310.25Puts (0)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Health Care

n=30

Fade rate: 7 of 23 (30%)

This setup has occurred 30 times across Health Care in the last 2 years. 16 of 23 (70%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 4.2%, with a raw directional average of +0.6% (modestly positive historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Merit Medical beats expectations, history suggests the stock could rise around 1.16% on average, confirming positive momentum.

In-Line / Cautious

If results are in line with expectations, the stock may experience muted movement as investors await further insights from management.

Miss

If the company misses estimates, the stock could decline, with historical patterns suggesting an average drop of around 0.13%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Details on new product launches and their expected impact on revenue.
2Any updates on operational efficiencies and cost management strategies.
3Insights into customer demand trends and market expansion plans.
4Management's outlook on competitive pressures in the health care supplies sector.

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Company Snapshot

Merit Medical Systems, Inc. (MMSI) operates in the health care sector, focusing on providing medical supplies and devices....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a critical measure of profitability and indicates how much profit a company makes for each share of its stock.

$0.83

Revenue

Revenue growth is essential for assessing the company's ability to expand its operations and market presence.

$378M

Wall Street expectations, options signals, track record, and call prep available with Pro.

Original Pre-Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+17.03%

Avg Stock Reaction

+0.68%

Last Quarter Recap

In Q4-2025, Merit Medical reported an EPS of $1.04, significantly beating expectations. The stock reacted positively, gaining 1.00% the following day.

Management Promises & Guidance

Continued focus on expanding product lines.
Commitment to improving operational efficiencies.
Plans to enhance customer engagement and support.

Expectations

Wall Street Expectations

Bull Case

If Merit Medical exceeds the EPS estimate, it could signal strong demand for its products and further growth potential, leading to a positive stock reaction.

Bear Case

Conversely, if the company fails to meet expectations, it may raise concerns about its market position and future growth, potentially resulting in a negative stock response.

Key Metrics to Watch

Earnings Per Share (EPS)

$0.83

EPS is a critical measure of profitability and indicates how much profit a company makes for each share of its stock.

Revenue

$378M

Revenue growth is essential for assessing the company's ability to expand its operations and market presence.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will EPS exceed the consensus estimate of $0.83?

A higher EPS would reinforce the company's growth narrative and could lead to a positive market reaction.

What guidance can management provide regarding future revenue growth?

Clear guidance on revenue expectations will be crucial for investor confidence and could impact stock performance.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may underestimate the potential for revenue growth driven by new product launches and market expansion efforts.

Supporting Evidence

Merit Medical has consistently beaten EPS estimates, indicating stronger-than-expected demand.

The options market is pricing a larger move than historical averages, suggesting heightened expectations.

Management's previous commitments to operational improvements could lead to better-than-expected results.

Key Risk

If revenue growth exceeds $380M, it could challenge the current consensus outlook.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will be closely watched as it follows a series of strong earnings surprises, setting high expectations.

Bull Confirmed If

An EPS of $0.85 or higher would confirm strong operational performance and growth.

Bear Confirmed If

An EPS below $0.81 could indicate underlying issues and lead to negative sentiment.

Pre-Earnings Positioning

Options Market

Implied Move

±9.84%

Historical Avg

±1.6%

Pricing rich

The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±9.8% while MMSI has averaged ±1.6% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.6%

30d HV

25.3%

Calls (100)P/C Ratio: 310.25Puts (0)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Health Care

n=30

Fade rate: 7 of 23 (30%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Merit Medical beats expectations, history suggests the stock could rise around 1.16% on average, confirming positive momentum.

In-Line / Cautious

If results are in line with expectations, the stock may experience muted movement as investors await further insights from management.

Miss

If the company misses estimates, the stock could decline, with historical patterns suggesting an average drop of around 0.13%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Details on new product launches and their expected impact on revenue.
2Any updates on operational efficiencies and cost management strategies.
3Insights into customer demand trends and market expansion plans.
4Management's outlook on competitive pressures in the health care supplies sector.