Teleflex: Q4 Earnings Snapshot

Associated Press Finance
1 min read
0
In this article:

WAYNE, Pa. (AP) — WAYNE, Pa. (AP) — Teleflex Inc. (TFX) on Thursday reported fourth-quarter profit of $31.1 million.

On a per-share basis, the Wayne, Pennsylvania-based company said it had profit of 66 cents. Earnings, adjusted for one-time gains and costs, were $3.38 per share.

The results exceeded Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $3.26 per share.

The medical equipment maker posted revenue of $773.9 million in the period, also surpassing Street forecasts. Fourteen analysts surveyed by Zacks expected $768.5 million.

For the year, the company reported profit of $356.3 million, or $7.53 per share. Revenue was reported as $2.97 billion.

Teleflex expects full-year earnings in the range of $13.55 to $13.95 per share.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TFX at https://www.zacks.com/ap/TFX

Advertisement

Recommended Stories