ICU Medical Q4 Profit Tops Estimates; Issues FY17 Guidance - Quick Facts

(RTTNews) - ICU Medical, Inc. (ICUI) reported adjusted earnings per share for the fourth quarter of 2016 of $1.20 as compared to $0.96 for the fourth quarter of 2015. On average, four analysts polled by Thomson Reuters expected the company to report profit per share of $1.19 for the quarter. Analysts' estimates typically exclude special items. Adjusted EBITDA was $34.3 million compared to $30.1 million, prior year. GAAP net income was $9.5 million, or $0.54 per share, compared to $5.5 million, or $0.33 per share, a year ago.

Fourth quarter 2016 revenue was $95.7 million, compared to $90.4 million in the same period last year. Analysts expected revenue of $94.43 million for the quarter.

For fiscal 2017, the company expects revenue to be in the range of $1.2 billion to $1.25 billion; adjusted earnings per share to be in the range of $3.55 to $3.90, and adjusted EBITDA to be in the range of $165 million to $175 million. Analysts polled by Thomson Reuters expect the company to report profit per share of $3.97 on revenue of $1.31 billion.