26.10.2023 23:47:34 - dpa-AFX: Resmed Inc Q1 Profit Increases, beats estimates
WASHINGTON (dpa-AFX) - Resmed Inc (RMD) released earnings for its first
quarter that increased from the same period last year and beat the Street
estimates.
The company's bottom line totaled $219.4 million, or $1.49 per share. This
compares with $210.5 million, or $1.43 per share, in last year's first quarter.
Excluding items, Resmed Inc reported adjusted earnings of $241.2 million or
$1.64 per share for the period.
Analysts on average had expected the company to earn $1.62 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 15.8% to $1.1 billion from $950.3
million last year.
Resmed Inc earnings at a glance (GAAP) :
-Earnings (Q1): $219.4 Mln. vs. $210.5 Mln. last year.
-EPS (Q1): $1.49 vs. $1.43 last year.
-Analyst Estimate: $1.62
-Revenue (Q1): $1.1 Bln vs. $950.3 Mln last year.
Copyright(c) 2023 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX