Hologic Inc Q4 adjusted earnings Inline With Estimates

(RTTNews) - Hologic Inc (HOLX) announced a profit for fourth quarter that decreased from last year.

The company's profit came in at $50.5 million, or $0.18 per share. This compares with $82.7 million, or $0.29 per share, in last year's fourth quarter.

Excluding items, Hologic Inc reported adjusted earnings of $158.6 million or $0.58 per share for the period.

Analysts had expected the company to earn $0.58 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.3% to $813.5 million from $802.9 million last year.

Hologic Inc earnings at a glance:

-Earnings (Q4): $158.6 Mln. vs. $143.2 Mln. last year. -EPS (Q4): $0.58 vs. $0.50 last year. -Analysts Estimate: $0.58 -Revenue (Q4): $813.5 Mln vs. $802.9 Mln last year.

-Guidance: Next quarter EPS guidance: $0.55 – $0.57 Next quarter revenue guidance: $800 – $815 Mln