ICU Medical (ICUI) Reports Q4 EPS of $2.98, Beats on Revenues; Boosts FY18 EPS Guidance Above Consensus
Get Alerts ICUI Hot Sheet
Price: $95.88 -0.47%
Revenue Growth %: -2.3%
Financial Fact:
COST OF GOODS SOLD: 45.84M
Today's EPS Names:
CPSS, HARL, MCET, More
Revenue Growth %: -2.3%
Financial Fact:
COST OF GOODS SOLD: 45.84M
Today's EPS Names:
CPSS, HARL, MCET, More
Join SI Premium – FREE
ICU Medical (NASDAQ: ICUI) reported Q4 EPS of $2.98, $1.94 better than the analyst estimate of $1.04. Revenue for the quarter came in at $370.1 million versus the consensus estimate of $332.91 million.
Fourth Quarter 2017 Results
- Fourth quarter 2017 revenue was $370.1 million, compared to $95.7 million in the same period last year. GAAP gross profit for the fourth quarter of 2017 was $137.5 million, as compared to $50.8 million in the same period last year.
- GAAP gross margin for the fourth quarter of 2017 was 37%, as compared to 53% in the same period last year.
- GAAP net income for the fourth quarter of 2017 was $49.7 million, or $2.33 per diluted share, as compared to GAAP net income of $9.5 million, or $0.54 per diluted share, for the fourth quarter of 2016.
- Adjusted diluted earnings per share for the fourth quarter of 2017 were $2.98 as compared to $1.20 for the fourth quarter of 2016.
- Also, adjusted EBITDA was $70.1 million for the fourth quarter of 2017 as compared to $34.3 million for the fourth quarter of 2016.
Fiscal 2018 Guidance
The Company is modifying its full year 2018 adjusted earnings per share from a range of $6.05 to $6.65 to a range of $6.60 to $7.30.
GUIDANCE:
ICU Medical sees FY2018 EPS of $6.60-$7.30, versus the consensus of $6.61.
For earnings history and earnings-related data on ICU Medical (ICUI) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Equifax (EFX) Tops Q1 EPS by 6c, Misses on Revenue; Offers Guidance
- Rexford Industrial Realty (REXR) Reports In-Line Q1 EPS, provides guidance
- Bank OZK (OZK) Tops Q1 EPS by 5c
Create E-mail Alert Related Categories
Earnings, Guidance, Hot GuidanceRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!