09.11.2023 22:37:03 - dpa-AFX: Hologic Inc Q4 Profit Decreases, but beats estimates
BEDFORD (dpa-AFX) - Hologic Inc (HOLX) announced earnings for fourth quarter
that decreased from the same period last year but beat the Street estimates.
The company's earnings totaled $90.6 million, or $0.37 per share. This compares
with $118.7 million, or $0.47 per share, in last year's fourth quarter.
Excluding items, Hologic Inc reported adjusted earnings of $219.3 million or
$0.89 per share for the period.
Analysts on average had expected the company to earn $0.84 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter fell 0.8% to $945.3 million from $953.3
million last year.
Hologic Inc earnings at a glance (GAAP) :
-Earnings (Q4): $90.6 Mln. vs. $118.7 Mln. last year.
-EPS (Q4): $0.37 vs. $0.47 last year.
-Analyst Estimates: $0.84
-Revenue (Q4): $945.3 Mln vs. $953.3 Mln last year.
-Guidance:
Next quarter EPS guidance: $0.92 - $0.97
Next quarter revenue guidance: $960 - $985 Mln
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