When stellar profits are not enough to satisfy...

After the bell, Intuitive Surgical (ISRG) reported their 4th quarter earnings.

• net earnings $49.5 million, $1.31 a share, compared to net earnings of $11.7 million, $0.32 a share last year
• revenues rose from $45.2 million last year to $72.1 million

Analysts were looking for earnings of $0.49 a share on revenue of $67 million.

Don't these results look great? Their net came in at 167% higher than analysts expected. Too bad that's not enough to satisfy investors. ISRG closed today at $127.26, but in after hours trade (after 4th quarter results were announced) it was beaten down almost 9% to $115.85.

You'd think investors would be pleased with their results. As a shareholder, I'm very pleased. I actually had to re-read their earnings release to make sure the share slump and stellar earnings were reported correctly. They are...

I guess this just shows the fickle nature of investors. Google can "miss" their earnings estimates and investors will dump the shares. Intuitive Surgical can completely exceed estimates and investors will still dump the shares.