RTTNews | Nov 1, 2021 04:58PM EDT

16:58 Monday, November 1, 2021 (RTTNews.com) - Hologic Inc (HOLX) announced a profit for fourth quarter that declined from last year.

The company's profit totaled $328.8 million, or $1.28 per share. This compares with $495.0 million, or $1.88 per share, in last year's fourth quarter.

Excluding items, Hologic Inc reported adjusted earnings of $415.7 million or $1.61 per share for the period.

Analysts had expected the company to earn $1.01 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 2.2% to $1.32 billion from $1.35 billion last year.

Hologic Inc earnings at a glance:

-Earnings (Q4): $415.7 Mln. vs. $543.7 Mln. last year.-EPS (Q4): $1.61 vs. $2.07 last year.-Analysts Estimate: $1.01-Revenue (Q4): $1.32 Bln vs. $1.35 Bln last year.

-Guidance:Next quarter EPS guidance: $1.15 - $1.25Next quarter revenue guidance: $1,100 - $1,150 Mln

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