Teleflex Inc Profit Climbs 20% In Q1

(RTTNews) - Teleflex Inc (TFX) revealed earnings for its first quarter that advanced compared to the same period last year.

The company said its bottom line advanced to $68.5 million, or $1.52 per share. This was up from $57.3 million, or $1.30 per share, in last year's first quarter.

Analysts had expected the company to earn $1.35 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 1.1% to $424.89 million. This was down from $429.43 million last year.

Teleflex Inc earnings at a glance:

-Earnings (Q1): $68.5 Mln. vs. $57.3 Mln. last year. -Earnings Growth (Y-o-Y): 19.5% -EPS (Q1): $1.52 vs. $1.30 last year. -EPS Growth (Y-o-Y): 16.9% -Analysts Estimate: $1.35 -Revenue (Q1): $424.89 Mln vs. $429.43 Mln last year. -Revenue Change (Y-o-Y): -1.1%