WuXi PharmaTech (Cayman) Inc. (WX), Thursday reported fourth-quarter net income of $23.8 million or $0.33 per American Depositary Share, slightly up from $23.5 million or $0.31 per ADS last year.
Adjusted earnings for the quarter was $0.38 per ADS compared to $0.36 per ADS last year.
Net revenues for the quarter grew 15.8 percent to $125.7 million from $108.5 million for the quarter.
Analysts polled by Thomson Reuters estimated earnings of $0.30 per share on revenues of $123.7 million for the quarter.
Looking forward to the first quarter, the company expects earnings of $0.26 to $0.27 per ADS, adjusted earnings of $0.31 to $0.32 per ADS and revenues of $129 million to $131 million.
Analyst estimate earnings of $0.31 per share on revenues of $131.8 million for the quarter.
For the full year 2013, the company expects earnings of $1.26 to $1.30 per ADS, adjusted earnings of $1.49 to $1.53 per ADS, and revenues of $565 million to $575 million.
Analysts currently estimate earnings of $1.44 per share on revenues of $571.58 million for the year.
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