Plus   Neg

Integra LifeSciences Guides FY21 Adj. EPS In Line With View - Quick Facts

While reporting financial results for the fourth quarter on Thursday, medical technology company Integra LifeSciences Holdings Corp. (IART) initiated adjusted earnings and revenue guidance for the full-year 2021 and for the first quarter.

For fiscal 2021, the company now projects adjusted earnings in a range of $2.86 to $2.93 per share on revenues between $1.520 billion and $1.535 billion, with organic revenue growth of 12 to 13 percent.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $2.92 per share on revenues of $1.54 billion for the year. Analysts' estimates typically exclude special items.

For the first quarter, the company expects adjusted earnings in a range of $0.54 to $0.58 per share on revenues between $345 million and $355 million, with organic revenue growth of flat to 3 percent.

The Street is looking for earnings of $0.64 per share on revenues of $359.90 million for the quarter.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Chico's FAS Inc. (CHS) Tuesday reported a wider year-over-year net loss for the fourth quarter. Meanwhile, Kohl's Corp.'s (KSS) fourth-quarter net income grew 29 percent from the previous year. But Abercrombie & Fitch Co.'s (ANF) fourth-quarter net income decreased 1 percent from the prior year. The U.S. Food and Drug Administration has approved the marketing of a new robotically-assisted surgical device (RASD) that can facilitate transvaginal hysterectomy in certain patients using minimally-invasive surgical instruments. The Hominis Surgical System of Memic Innovative Surgery Ltd., the U.S. subsidiary of Israeli biotechnology company memic Ltd., has been granted marketing authorization. Canadian cannabis company Canopy Growth Corp. (CGC, WEED.TO) announced Tuesday the launch of its Cannabidiol (CBD) beverage brand Quatreau in the high-potential U.S. market. Quatreau will be sold on Canopy's one-stop U.S. e-commerce destination, www.shopcanopy.com. Quatreau is a premium ready-to-drink...
Follow RTT