FEI Company Q3 Profit Matches Estimate; Issues Q4 Outlook - Quick Facts

(RTTNews) - FEI Company (FEIC) reported that its third-quarter net income was $28.6 million, or $0.67 per share, compared to $29.2 million or $0.71 per share, in the comparable quarter last year.

On average, ten analysts polled by Thomson Reuters expected the company to report profit per share of $0.67 for the quarter. Analysts' estimates typically exclude special items.

Revenue for the latest third quarter was $218.50 million, down from $221.79 million in the prior year quarter, while nine analysts expected revenue of $221.16 million for the quarter.

For the fourth quarter of 2013, the company expects GAAP earnings per share to be in the range of $0.87 to $0.97 and revenue in the range of $250 million to $260 million. Analysts expect the company to report fourth-quarter profit per share of $0.92 on revenue of $253.49 million.