RMD 0.52% $36.40 resmed inc

Ann: RMD to Report First Quarter Fiscal 2021 Results, page-3

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    As per usual, RMD delivering another solid result and performing well better than the analyst expectations. According to Yahoo Finance, the average analyst revenue out of 9 analysts for Q1 was $710.3m with the highest estimate to be $733m. RMD came in at a whopping $751.9m. Truly outstanding to be growing amid the pandemic. I thought with the ventilator sales dropping, RMD would be coming putting in flat to slightly negative growth for the quarter but this is a solid result even if the pandemic is ignored. Taking covid into consideration, this is an outstanding result. I assume we will be getting back above the $200USD per share mark post haste.
 
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