Teleflex Inc (TFX) released a profit for first quarter that dropped from last year.
The company's earnings came in at $40.90 million, or $0.87 per share. This compares with $56.18 million, or $1.20 per share, in last year's first quarter.
Excluding items, Teleflex Inc reported adjusted earnings of $105.0 million or $2.24 per share for the period.
Analysts had expected the company to earn $2.17 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 4.5% to $613.58 million from $587.23 million last year.
Teleflex Inc earnings at a glance:
-Earnings (Q1): $105.0 Mln. vs. $100.6 Mln. last year.
-EPS (Q1): $2.24 vs. $2.15 last year.
-Analysts Estimate: $2.17
-Revenue (Q1): $613.58 Mln vs. $587.23 Mln last year.
-Guidance:
Full year EPS guidance: $10.90 - $11.10
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