Teleflex Incorporated (TFX) on Thursday reported income from continuing operations of $199.51 million or $4.20 per share in the third quarter, higher than $116.61 million or $2.46 per share in the same quarter a year ago.
The company had expenses of $91.16 million in the current quarter, related to sale of business.
Excluding items, earnings from continuing operations were $3.51 per share, that beat the average estimate of ten analysts polled by Thomson Reuters at $3.03 per share. Analysts' estimates typically exclude special items.
Revenue for the quarter increased to $700.25 million from $628.3 million last year. The consensus estimate was for $698.26 million.
Looking forward to the full-year, the company has raised its adjusted EPS outlook to the range of $13.1-$13.35 from $12.90-$13.10. Analysts expect earnings of $12.8 per share.
However, the company has reduced its revenue growth guidance to 10%-11% for the year from from 10.50% to 11.75% due to greater than anticipated headwinds from COVID-19.
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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.