* Teleflex Inc reported quarterly adjusted earnings of $3.21 per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of $3.09. The mean expectation of fifteen analysts for the quarter was for earnings of $3.07 per share. Wall Street expected results to range from $3.04 to $3.13 per share.
* Revenue rose 3.8% to $737.80 million from a year ago; analysts expected $726.89 million.
* Teleflex Inc's reported EPS for the quarter was 32 cents.
* The company reported quarterly net income of $15.29 million.
* Teleflex Inc shares had fallen by 6.5% this quarter and lost 15.2% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 1.7% in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 9 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the medical equipment, supplies & distribution peer group is also "hold"
Wall Street's median 12-month price target for Teleflex Inc is $265.00 This summary was machine generated from LSEG data May 2 at 02:14 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Mar. 31 2024 3.07 3.21 Beat
Dec. 31 2023 3.26 3.38 Beat
Sep. 30 2023 3.27 3.64 Beat
Jun. 30 2023 3.21 3.41 Beat
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