WASHINGTON (dpa-AFX) - Resmed Inc (RMD) announced earnings for second
quarter that decreased from last year but beat the Street estimates.

The company's earnings totaled $208.80 million, or $1.42 per share. This
compares with $224.91 million, or $1.53 per share, in last year's second
quarter.

Excluding items, Resmed Inc reported adjusted earnings of $277.35 million or
$1.88 per share for the period.

Analysts on average had expected the company to earn $1.79 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 12.6% to $1.16 billion from $1.03
billion last year.

Resmed Inc earnings at a glance (GAAP) :

-Earnings (Q2): $208.80 Mln. vs. $224.91 Mln. last year.
-EPS (Q2): $1.42 vs. $1.53 last year.
-Analyst Estimates: $1.79
-Revenue (Q2): $1.16 Bln vs. $1.03 Bln last year.


Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX