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Teleflex Inc (TFX) revealed a profit for its third quarter that climbed from last year.


RTTNews | Oct 28, 2021 06:59AM EDT

06:58 Thursday, October 28, 2021 (RTTNews.com) - Teleflex Inc (TFX) revealed a profit for its third quarter that climbed from last year.

The company's earnings totaled $199.18 million, or $4.20 per share. This compares with $116.59 million, or $2.46 per share, in last year's third quarter.

Excluding items, Teleflex Inc reported adjusted earnings of $166.5 million or $3.51 per share for the period.

Analysts had expected the company to earn $3.03 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 11.5% to $700.25 million from $628.30 million last year.

Teleflex Inc earnings at a glance:

-Earnings (Q3): $166.5 Mln. vs. $131.2 Mln. last year.-EPS (Q3): $3.51 vs. $2.77 last year.-Analysts Estimate: $3.03-Revenue (Q3): $700.25 Mln vs. $628.30 Mln last year.

-Guidance:Full year EPS guidance: $13.15 to $13.35

Read the original article on RTTNews ( https://www.rttnews.com/3236680/teleflex-inc-q3-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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