Teleflex Reports First Quarter 2020 Results

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Teleflex (TFX) Tops Q1 EPS by 37c, Revenues Beat; Withdraws FY20 Guidance

April 30, 2020 6:32 AM EDT

Teleflex (NYSE: TFX) reported Q1 EPS of $2.72, $0.37 better than the analyst estimate of $2.35. Revenue for the quarter came in at $630.6 million versus the consensus estimate of $620.64 million.

First Quarter 2020 Revenues of $630.6 million, up 2.8% Versus Prior Year Period; up 4.0% on a Constant Currency BasisFirst Quarter 2020 GAAP Diluted EPS from Continuing Operations of $2.78, up 212.4% Versus Prior Year PeriodFirst Quarter 2020 Adjusted Diluted EPS from Continuing Operations of $2.72, up 21.4% Versus Prior Year PeriodWithdraws Previously Provided 2020 Financial Guidance due to COVID-19 Pandemic

Liam Kelly, President and Chief Executive Officer, said, We were pleased with the... More