Mixed Bag From Mindray Medical
By:
DailyMarkets.com
Posted on February 29, 2012 at 12:05 PM EST
Chinese medical devices major Mindray Medical International Limited’s (NYSE:MR) fourth-quarter fiscal 2011 adjusted (excluding one-time expenses other than stock-based compensation expense) earnings per share of 41 cents missed the Zacks Consensus Estimate of 42 cents. Reported net income moved up 14% year over year to $46.8 million (or 40 cents per share) in the quarter. [...]
Chinese medical devices major Mindray Medical International Limited’s (NYSE:MR) fourth-quarter fiscal 2011 adjusted (excluding one-time expenses other than stock-based compensation expense) earnings per share of 41 cents missed the Zacks Consensus Estimate of 42 cents. Reported net income moved up 14% year over year to $46.8 million (or 40 cents per share) in the quarter.
For the fiscal, adjusted earnings of $1.47 a share also trailed the Zacks Consensus Estimates of $1.54.
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