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Hologic Inc Q1 adjusted earnings Beat Estimates

Hologic Inc (HOLX) announced earnings for first quarter that dropped from last year.

The company's earnings totaled $98.6 million, or $0.36 per share. This compares with $406.7 million, or $1.45 per share, in last year's first quarter.

Excluding items, Hologic Inc reported adjusted earnings of $156.7 million or $0.58 per share for the period.

Analysts had expected the company to earn $0.57 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.0% to $830.7 million from $791.1 million last year.

Hologic Inc earnings at a glance:

-Earnings (Q1): $156.7 Mln. vs. $153.4 Mln. last year.
-EPS (Q1): $0.58 vs. $0.55 last year.
-Analysts Estimate: $0.57
-Revenue (Q1): $830.7 Mln vs. $791.1 Mln last year.

Next quarter EPS guidance: $0.55 - $0.57
Full year EPS guidance: $2.39 - $2.43

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