WASHINGTON (dpa-AFX) - Resmed Inc (RMD) reported earnings for its fourth
quarter that increased from the same period last year but missed the Street
estimates.

The company's bottom line totaled $229.66 million, or $1.56 per share. This
compares with $195.06 million, or $1.33 per share, in last year's fourth
quarter.

Excluding items, Resmed Inc reported adjusted earnings of $235.49 million or
$1.60 per share for the period.

Analysts on average had expected the company to earn $1.69 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 22.4% to $1.12 billion from $914.74
million last year.

Resmed Inc earnings at a glance (GAAP) :

-Earnings (Q4): $229.66 Mln. vs. $195.06 Mln. last year.
-EPS (Q4): $1.56 vs. $1.33 last year.
-Analyst Estimate: $1.69
-Revenue (Q4): $1.12 Bln vs. $914.74 Mln last year.


Copyright(c) 2023 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX