ICU Medical Q1 Profit Down - Quick Facts

(RTTNews) - ICU Medical, Inc. (ICUI) Tuesday reported first-quarter profit of $6.7 million or $0.43 per share, down from $8.7 million or $0.58 per share in the same period last year.

Adjusted earnings for the quarter were $0.72 per share. On average, five analysts polled by Thomson Reuters expected the company to earn $0.32 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues dropped to $73.2 million from $74.3 million last year. Analysts expected revenues of $71.29 million.

Looking ahead to the fiscal year 2014, the company has reaffirmed its previously announced guidance and expects to report earnings in the range of $1.15 to $1.45 per share, with adjusted earnings in the order of $2.45 to $2.75 per share.

Revenues are expected to range between $285 million and $300 million. Analysts currently expect the company to report full-year earnings of $1.30 per share on revenues of $293.69 million.