Hospira Inc.’s first quarter 2013 adjusted earnings of 52 cents per share beat the Zacks Consensus Estimate of 44 cents. Higher-than-expected revenues led to the earnings beat. Moreover, earnings were above the year-ago figure by 10.6%. Including one-time items, the company suffered a loss of 46 cents per share as opposed to earnings of 24 cents a year-ago.
First quarter revenues increased 2.3% to $988.3 million, narrowly beating the Zacks Consensus Estimate of $988 million.