RTTNews | Aug 5, 2021 04:48PM EDT

16:47 Thursday, August 5, 2021 (RTTNews.com) - Resmed Inc (RMD) released a profit for its fourth quarter that rose from last year.

The company's profit totaled $195.10M, or $1.33 per share. This compares with $177.84M, or $1.22 per share, in last year's fourth quarter.

Excluding items, Resmed Inc reported adjusted earnings of $198.45M or $1.35 per share for the period.

Analysts had expected the company to earn $1.28 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 13.7% to $876.10M from $770.34M last year.

Resmed Inc earnings at a glance:

-Earnings (Q4): $198.45M. vs. $193.29M. last year.-EPS (Q4): $1.35 vs. $1.33 last year.-Analysts Estimate: $1.28-Revenue (Q4): $876.10M vs. $770.34M last year.

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