Wright Medical Group Inc. (WMGI) Tops Q1 EPS by 6c; Raises FY11 EPS Outlook

May 4, 2011 4:50 PM EDT
Wright Medical Group Inc. (NASDAQ: WMGI) reported Q1 EPS of $0.24, $0.06 better than the analyst estimate of $0.18. Revenue for the quarter came in at $135.4 million versus the consensus estimate of $133.69 million.

Reaffirms outlook for FY11 sales. Raises EPS guidance from 88-95c to 89-97c, which compares to the Street estimate of 74c.


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