Strong 3Q For Kinetic
Kinetic Concepts Inc. (NYSE:KCI) reported third quarter 2011 EPS of $1.16, up 9% from the year-ago quarter. However, adjusted EPS (excluding acquisition-related expenses related to LifeCell purchase in 2008 and expenses associated with the proposed merger during the quarter) came in at $1.35, surpassing the Zacks Consensus Estimate of $1.31 and 12.5% higher than the [...]
Kinetic Concepts Inc. (NYSE:KCI) reported third quarter 2011 EPS of $1.16, up 9% from the year-ago quarter. However, adjusted EPS (excluding acquisition-related expenses related to LifeCell purchase in 2008 and expenses associated with the proposed merger during the quarter) came in at $1.35, surpassing the Zacks Consensus Estimate of $1.31 and 12.5% higher than the year-ago quarter.
Revenues of $531.4 million increased 5% year over year and also exceeded the Zacks Consensus Estimate of $525 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards