Edwards Lifesciences Corp

EW: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$43.00	Qjjghy	Pywxhydbd

Edwards Earnings: Broad-Based Growth Supported by Procedure Volume and New Product Cycles

Debbie S. Wang

Jul 27, 2023

Edwards Lifesciences posted solid second-quarter results, with top-line growth putting it on track to slightly exceed our full-year expectations and the bottom line closely tracking with our projections. Our small adjustments were immaterial to our $86 fair value estimate. Edwards’ established reputation for innovation was on display again this quarter, solidifying the intangible assets that support its narrow economic moat.

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