Qiagen NV Q1 adjusted earnings Beat Estimates

Qiagen NV (QGEN) revealed earnings for its first quarter that climbed from the same period last year.

The company's bottom line came in at $129.22 million, or $0.66 per share. This compares with $39.83 million, or $0.34 per share, in last year's first quarter.

Excluding items, Qiagen NV reported adjusted earnings of $153.8 million or $0.66 per share for the period.

Analysts had expected the company to earn $0.63 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 52.4% to $567.21 million from $372.10 million last year.

Qiagen NV earnings at a glance:

-Earnings (Q1): $153.8 Mln. vs. $78.6 Mln. last year.
-EPS (Q1): $0.66 vs. $0.34 last year.
-Analysts Estimate: $0.63
-Revenue (Q1): $567.21 Mln vs. $372.10 Mln last year.

Next quarter EPS guidance: $0.62 - $0.64
Full year EPS guidance: $2.42 - $2.46

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