Teleflex Reports Better Than Expected Q4 Earnings, Issues Mixed FY22 Guidance

Benzinga2022-02-24

Teleflex Incorporated (NYSE:TFX) reported Q4 FY21 revenues of $761.9 million, up 7.1% Y/Y, up 7.9% on a constant currency basis, beating the consensus of $748.63 million.

  • The revenue growth was attributable to higher sales from Anesthesia and Surgical segments.
  • Adjusted diluted EPS increased 10.8% to $3.60, above the consensus of $3.53.
  • The gross margin improved from 53.9% to 55.1%.
  • Guidance: Teleflex expects FY22 revenue growth of 2.3% to 3.8%, equivalent to $2.87 billion - $2.91 billion, versus the consensus of $2.92 billion. 
  • On a constant currency basis, the Company expects full-year 2022 revenue growth of 4.0% to 5.5%.
  • The Company estimates 2022 adjusted EPS of $13.70 to $14.30, +2.8% - 7.3% Y/Y, compared to the consensus of $14.04.
  • The divestiture of the respiratory assets is estimated to be dilutive to 2022 adjusted earnings per share by $0.17.
  • Price Action: TFX shares are trading at $322.34 during the market session on the last check Thursday.
免责声明:本文观点仅代表作者个人观点,不构成本平台的投资建议,本平台不对文章信息准确性、完整性和及时性做出任何保证,亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

  • nsk
    2022-02-25
    nsk
    Okay
  • nsk
    2022-02-25
    nsk
    Great
发表看法
2