Tuesday, CareFusion Corp. (CFN) reported second-quarter net income of $70 million or $0.32 per share, compared to net income of $188 million or $0.85 per share in the same quarter last year.
On an adjusted basis, net income was $88 million or $0.39 per share, compared to $110 million or $0.50 per share in the prior year quarter.
On average, 10 analysts polled by Thomson Reuters expected the company to earn $0.38 per share for the quarter. Analysts' estimates typically exclude special items.
Revenue for the quarter was $1.02 billion, up from $969 million in the comparable quarter last year. Analysts expected the company to report revenue of $983.52 million for the quarter.
Looking ahead to the full year 2010, the company increased its revenue guidance to a range of $3.95 billion - $4.05 billion, up from the previous guidance range of $3.85 billion - $4.0 billion. The company also narrowed its previous earnings guidance and expects adjusted earnings in the range of $1.40 - $1.45 per share, from the previous guidance range of $1.35 - $1.45 per shares. Analysts currently anticipate the company to earn $1.68 per share on revenue of $3.98 billion for the full year.
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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.