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Teleflex's Fiscal Q1 Adjusted Earnings, Net Revenue Increase; Raises Low End of Fiscal 2024 Adjusted Profit Guidance
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Teleflex's Fiscal Q1 Adjusted Earnings, Net Revenue Increase; Raises Low End of Fiscal 2024 Adjusted Profit Guidance
May 2, 2024 6:59 AM

09:36 AM EDT, 05/02/2024 (MT Newswires) -- Teleflex ( TFX ) reported fiscal Q1 adjusted earnings Thursday of $3.21 per diluted share, up from $3.09 a year earlier.

Analysts polled by Capital IQ expected $3.07.

Net revenue for the quarter ended March 31 was $737.8 million, up from $710.9 million a year earlier.

Analysts surveyed by Capital IQ expected $727.1 million.

The company said it now expects fiscal 2024 adjusted diluted EPS in the range of $13.60 to $13.95, compared with its prior range of $13.55 to $13.95. Analysts polled by Capital IQ expect $13.73.

Teleflex ( TFX ) said it continues to expect fiscal 2024 revenue growth of 3.75% to 4.75%.

Price: 214.00, Change: +2.46, Percent Change: +1.16

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