Teleflex Inc Q2 Profit Increases, Beats Estimates

(RTTNews) - Teleflex Inc (TFX) released a profit for its second quarter that Increased from last year and beat the Street estimates.

The company's earnings totaled $122.58 million, or $2.77 per share. This compares with $80.04 million, or $1.69 per share, last year.

Excluding items, Teleflex Inc reported adjusted earnings of $190.1 million or $3.73 per share for the period.

Analysts on average had expected the company to earn $3.37 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 4.2% to $780.89 million from $749.69 million last year.

Teleflex Inc earnings at a glance (GAAP) :

-Earnings: $122.58 Mln. vs. $80.04 Mln. last year. -EPS: $2.77 vs. $1.69 last year. -Revenue: $780.89 Mln vs. $749.69 Mln last year.

-Guidance: Full year EPS guidance: $13.90 - $14.30