Kinetic Reports Mixed Results
Posted on July 27, 2011 at 17:31 PM EDT
Kinetic Concepts Inc. (NYSE:KCI) reported second quarter 2011 EPS of $1.09, up 45% from 75 cents posted in the year-ago quarter. However, adjusted EPS (excluding non-cash acquisition-related items and expenses associated with portfolio rationalization and Global Business Transformation during the quarter) was $1.23, which missed the Zacks Consensus Estimate by a penny but 21.8% higher [...]