Teleflex: Q4 Earnings Snapshot
Teleflex Inc. (TFX) on Thursday reported fourth-quarter earnings of $78.6 million. On a per-share basis, the Wayne, Pennsylvania-based company said it had net income of $1.66. Earnings, adjusted for one-time gains and costs, came to $3.52 per share. The results exceeded Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $3.44 per share
By AP News
Published - Feb 23, 2023, 07:06 AM ET
Last Updated - Apr 30, 2024, 11:45 AM EDT
WAYNE, Pa. (AP) — WAYNE, Pa. (AP) — Teleflex Inc. (TFX) on Thursday reported fourth-quarter earnings of $78.6 million.
On a per-share basis, the Wayne, Pennsylvania-based company said it had net income of $1.66. Earnings, adjusted for one-time gains and costs, came to $3.52 per share.
The results exceeded Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $3.44 per share.
The medical equipment maker posted revenue of $758 million in the period, which missed Street forecasts. Fourteen analysts surveyed by Zacks expected $760.4 million.
