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02.11.2017 11:33:03

Teleflex Inc Bottom Line Rises 19% In Q3

(RTTNews) - Teleflex Inc (TFX) revealed earnings for its third quarter that climbed from last year.

The company said its bottom line climbed to $98.3 million, or $2.12 per share. This was up from $82.6 million, or $1.80 per share, in last year's third quarter.

Analysts had expected the company to earn $2.00 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 17.3% to $534.70 million. This was up from $455.65 million last year.

Teleflex Inc earnings at a glance:

-Earnings (Q3): $98.3 Mln. vs. $82.6 Mln. last year. -Earnings Growth (Y-o-Y): 19.0% -EPS (Q3): $2.12 vs. $1.80 last year. -EPS Growth (Y-o-Y): 17.8% -Analysts Estimate: $2.00 -Revenue (Q3): $534.70 Mln vs. $455.65 Mln last year. -Revenue Change (Y-o-Y): 17.3%

-Guidance: Full year EPS guidance: $8.30 - $8.40

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