Tuesday, Hospira Inc. (HSP) reported third-quarter net income of $116.2 million or $0.71 per share, compared to net income of $81.8 million or $0.51 per share in the same quarter last year.
On an adjusted basis, net income was $147.4 million or $0.90 per share, compared to $101.5 million or $0.63 per share in the year ago quarter.
On average, eight analysts polled by Thomson Reuters expected the company to earn $0.69 per share for the quarter. Analysts' estimates typically exclude special items.
Net sales for the quarter was $1.0 billion, up 8.9% from $925.5 million in the comparable quarter last year. Analysts expected the company to report revenue of $936.22 million for the quarter.
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