03.08.2023 13:30:50
|
Teleflex Q2 Earnings Up, Better Than View; Lifts Revenue Growth Outlook; Stock Up In Pre-market
(RTTNews) - Specialty medical devices provider Teleflex Incorporated (TFX) Thursday reported net income of $111.34 million or $2.35 per share in the second quarter, higher than $105.51 million or $2.23 per share in the same quarter a year ago, driven by revenue growth.
For the full year, the company has raised its revenue growth outlook.
Excluding one-time items, earnings were $3.41 per share, that beat the average estimate of analysts polled by Thomson-Reuters of $3.21 per share. Analysts' estimates typically exclude special items.
Net revenues for the quarter increased to $743.26 million from $704.54 million last year. The consensus estimate was for $729.91 million.
The company now expects full-year revenue to grow in the range of 5.80% - 6.55% compared with 4.65% - 5.90% guided earlier. Analysts expect revenue to grow 5.3% for the year.
The company also reaffirmed its adjusted EPS from continuing operations outlook of $13.00 - $13.60. The consensus estimate stands at $13.31 per share.
Teleflex shares are up more than 5% in pre-market trading. It closed at $248.61, down 0.27% on Wednesday. The stock has been trading in the range of $182.65 - $276.43 in the last 52 weeks.
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu Teleflex Inc.Shsmehr Nachrichten
Analysen zu Teleflex Inc.Shsmehr Analysen
Aktien in diesem Artikel
Teleflex Inc.Shs | 167,00 | 0,00% |