Teleflex Inc Reveals 36% Advance In Q2 Earnings

(RTTNews) - Teleflex Inc (TFX) reported a profit for its second quarter that gained ground compared to the same period last year.

The company said its bottom line came in at $86.2 million, or $1.89 per share. This was higher than $63.5 million, or $1.42 per share, in last year's second quarter.

Analysts had expected the company to earn $1.74 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 4.8% to $473.55 million. This was up from $452.05 million last year.

Teleflex Inc earnings at a glance:

-Earnings (Q2): $86.2 Mln. vs. $63.5 Mln. last year. -Earnings Growth (Y-o-Y): 35.7% -EPS (Q2): $1.89 vs. $1.42 last year. -EPS Growth (Y-o-Y): 33.1% -Analysts Estimate: $1.74 -Revenue (Q2): $473.55 Mln vs. $452.05 Mln last year. -Revenue Change (Y-o-Y): 4.8%

-Guidance: Full year EPS guidance: $7.20 - $7.32