St. Jude Medical Inc. Q3 Profit Rises 3%

(RTTNews) - St. Jude Medical Inc. (STJ) released earnings for its third quarter that rose from last year.

The company said its bottom line totaled $286 million, or $0.99 per share. This was up from $277 million, or $0.97 per share, in last year's third quarter.

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

The company said revenue for the quarter rose 11.9% to $1.50 billion. This was up from $1.34 billion last year.

St. Jude Medical Inc. earnings at a glance:

-Earnings (Q3): $286 Mln. vs. $277 Mln. last year. -Earnings Growth (Y-o-Y): 3.2% -EPS (Q3): $0.99 vs. $0.97 last year. -EPS Growth (Y-o-Y): 2.1% -Analysts Estimate: $1.01 -Revenue (Q3): $1.50 Bln vs. $1.34 Bln last year. -Revenue Change (Y-o-Y): 11.9%