Owens & Minor Reaffirms Financial Guidance

(RTTNews) - Owens & Minor Inc. (OMI) outlined its new strategic plan and reaffirmed the financial guidance.

The company provided financial guidance for earnings on an adjusted basis for 2017 in the range of $1.75 to $1.85 per share, and for 2018 in the range of $2.05 to $2.20 per share. Analysts polled by Thomson Reuters expect the company to report profit of $1.80 per share for fiscal year 2017 and $2.06 per share for fiscal year 2018. Analysts' estimates typically exclude special items.

Although the company does provide guidance for adjusted earnings per share, it is not able to forecast the most directly comparable measure calculated and presented in accordance with GAAP.