07.08.2014 22:55:41
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CareFusion Q4 Profit Beats Estimates - Quick Facts
(RTTNews) - CareFusion Corp. (CFN) reported that its fourth-quarter income from continuing operations increased to $140 million from $110 million, last year. Earnings per share from continuing operations increased to $0.67 from $0.49. Adjusted EPS from continuing operations was $0.79 for the quarter.
On average, 13 analsyts polled by Thomson Reuters expected the company to report profit per share of $0.72 for the quarter. Analysts' estimates typically exclude special items.
Revenue increased to $1.12 billion from $903 million, prior year. Analysts expected revenue of $1.04 billion for the quarter. The company said the revenue growth were driven by strong double-digit gains from both segments.
For the fiscal year ending June 30, 2015, CareFusion expects revenue to grow 5 to 7 percent on a constant currency basis compared to fiscal 2014 revenue of $3.84 billion. Adjusted earnings per share from continuing operations are expected to be in the range of $2.60 to $2.75. Analysts expect the company to report fiscal 2015 earnings per share of $2.68 on revenue of $4.04 billion.
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