Teleflex Inc. (TFX: Quote) posted higher second-quarter net income attributable to common shareholders of $42.61 million or $1.04 per share, versus $34.07 million or $0.83 per share last year.
Adjusted income amounted to $50.36 million or $1.23 per share, higher than $37.64 million or $0.92 per share a year before. On average, 7 analysts polled by Thomson Reuters expected earnings per share of $1.10 for the quarter. Analysts' estimates typically exclude one-time items.
Quarterly net revenues were $383.3 million, an increase of 0.6% over $381.17 million in the 2011 period. Excluding the impact of foreign currency fluctuations, second-quarter 2012 net revenues went up 4.7% over the prior-year period.
For 2012, the company reaffirmed its guidance for constant currency revenue growth between 4% and 6%, and adjusted earnings per share of $4.25 - $4.45 range. Seven analysts project full-year earnings of $4.38 per share.
Click here to receive FREE breaking news email alerts for Teleflex Inc and others in your portfolio
by RTT Staff Writer
For comments and feedback: email@example.com