By Matt Cooper
CONMED Co. (NASDAQ:CNMD) issued an update on its FY15 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $1.82-1.92 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.86, AnalystRatingsNetwork.com reports. The company issued revenue guidance of $723-738 million, compared to the consensus revenue estimate of $733.12 million.
CONMED Co. (NASDAQ:CNMD) traded up 6.87% on Thursday, hitting $52.74. The stock had a trading volume of 201,875 shares. CONMED Co. has a 52-week low of $35.85 and a 52-week high of $54.65. The stock has a 50-day moving average of $50. and a 200-day moving average of $45.. The company has a market cap of $1.45 billion and a price-to-earnings ratio of 45.47.
