MWI Veterinary Supply, Inc.'s (MWIV) fourth-quarter net income increased 25.6% to $12.6 million from $10.0 million in the year ago quarter. Earnings per share for the quarter were $0.99 up from $0.80 last year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.97 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues for the quarter increased 30.9% to $551.4 million from $421.3 million last year. Excluding the impact of the acquisition of the assets of Micro, organic revenue growth in the United States was 13.8% for the quarter, compared to the same period in the prior fiscal year. Five analysts had consensus revenue estimate of $538.13 million for the quarter.
The company estimates that for the fiscal year ending September 30, 2013, revenues will be from $2.285 billion to $2.335 billion, which represents growth of 10.1% to 12.5% compared to revenues in fiscal year 2012. The company estimates that earnings per share will be from $4.66 to $4.80 per share, which represents growth of 10.2% to 13.5% compared to diluted earnings per share in fiscal year 2012. Analysts expect the company to report earnings of $4.73 per share on revenues of $2.29 billion for fiscal 2013.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.