Resmed Inc (RMD) reported a profit for its fourth quarter that increased from last year and beat the Street estimates.
The company's earnings totaled $292.2 million, or $1.98 per share. This compares with $229.7 million, or $1.56 per share, in last year's fourth quarter.
Excluding items, Resmed Inc reported adjusted earnings of $306.3 million or $2.08 per share for the period.
Analysts on average had expected the company to earn $2.07 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 10.0% to $1.223 billion from $1.112 billion last year.
Resmed Inc earnings at a glance (GAAP) :
-Earnings (Q4): $292.2 Mln. vs. $229.7 Mln. last year.-EPS (Q4): $1.98 vs. $1.56 last year.-Revenue (Q4): $1.223 Bln vs. $1.112 Bln last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.