eResearch Technology, Inc. (ERT) Misses Q2 EPS by 4c, Posts Solid Q3 & FY11 Guidance

August 1, 2011 4:11 PM EDT
eResearch Technology, Inc. (NASDAQ: ERT) reported Q2 EPS of $0.06, $0.04 worse than the analyst estimate of $0.10. Revenue for the quarter came in at $42.8 million versus the consensus estimate of $44.85 million.

eResearch Technology, Inc. sees Q3 2011 EPS of $0.11-$0.14, versus the consensus of $0.12. eResearch Technology, Inc. sees Q3 2011 revenue of $46-$49 million, versus the consensus of $46.5 million.

eResearch Technology, Inc. sees FY2011 EPS of $0.37-$0.42, versus the consensus of $0.44. eResearch Technology, Inc. sees FY2011 revenue of $178-$183 million, versus the consensus of $181.4 million.


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