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MWI Veterinary Supply Inc. (MWIV: Quote) reported a 27.3% growth in its third-quarter profit that amounted to $14.5 million or $1.15 per share, compared to $11.4 million or $0.91 per share in the prior year period. Quarterly revenues rose 35% to $554.7 million from $410.7 million last year.
Analysts polled by Thomson Reuters expected the company to report earnings of $1.05 per share on revenues of $524.98 million for the quarter. Analysts' estimates typically exclude special items.
Looking ahead, the company currently projects FY12 earnings to range between $4.14 and $4.20 per share versus the previously communicated range of $3.96 - $4.06 per share. Revenues are now expected to be in the range of $2.050 billion - $2.065 billion versus the prior target range of $2.0 billion - $2.025 billion. Analysts expect earnings of $4.06 per share on revenues of $2.03 billion for the year.
Roper Industries Inc. (ROP: Quote) reported increased results for the second quarter and lifted its fiscal 2012 financial forecast, reflecting the $1.415 billion acquisition of Sunquest Information Systems Inc.
- Q2 net earnings rose to $114.81 million or $1.15 per share from $106.31 million or $1.08 per share last year. Analysts expected EPS of $1.15.
- Q2 net sales increased to $724.87 million from $699.87 million last year, and surpassed the $746.97 million Street consensus.
The company raised its full year 2012 adjusted earnings per share guidance to $4.84 - $5.00 from $4.75 - $4.91, reflecting a $0.04 reduction due to currency and $0.12 - $0.14 accretion from the acquisition of Sunquest. Analysts expect earnings of $4.83 per share for fiscal 2012.
Intellicheck Mobilisa Inc. (IDN: Quote) said it has signed a software licensing agreement for Intellicheck Mobilisa's ID Check software with a hardware manufacturer. Intellicheck Mobilisa's ID Check technology scans the bar code or magnetic strip on the back of a driver's license and uses the data to automatically fill in the information on a digital form.
Cal-Maine Foods Inc. (CALM: Quote) reported a sharp growth in fourth-quarter profit, reflecting higher volumes with an 8.6% increase in eggs produced and 11% rise in eggs sold.
- Q4 net earnings soared to $37.26 million or $1.56 per share from $7.27 million or $0.30 per share last year. Excluding special items, the company earned 44 cents per share, missing the consensus estimate by a penny.
- Q4 net sales grew to $275.25 million from $242.38 million a year ago.
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by RTT Staff Writer
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