Teleflex Inc Q3 adjusted earnings Beat Estimates

(RTTNews) - Teleflex Inc (TFX) reported a profit for third quarter that declined from last year.

The company's profit totaled $56.5 million, or $1.21 per share. This compares with $79.4 million, or $1.70 per share, in last year's third quarter.

Excluding items, Teleflex Inc reported adjusted earnings of $117.8 million or $2.52 per share for the period.

Analysts had expected the company to earn $2.41 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 14.0% to $609.67 million from $534.70 million last year.

Teleflex Inc earnings at a glance:

-Earnings (Q3): $117.8 Mln. vs. $98.3 Mln. last year. -EPS (Q3): $2.52 vs. $2.12 last year. -Analysts Estimate: $2.41 -Revenue (Q3): $609.67 Mln vs. $534.70 Mln last year.

-Guidance: Full year EPS guidance: $9.80 - $9.95