C. R. Bard Q2 Profit Tops Estimates - Quick Facts

(RTTNews) - C. R. Bard, Inc. (BCR) reported a second quarter net loss of $54.7 million or $0.74 per share, reflecting a net charge for estimated costs related to product liability matters. Net loss was $119.40 million or $1.59 per share, in the prior year quarter. Adjusting for the charge, second quarter 2015 net income was $154.3 million and earnings per share, after adjusting for certain items, was $2.27.

On average, 18 analysts polled by Thomson Reuters expected the company to report profit per share of $2.18 for the quarter. Analysts' estimates typically exclude special items.

Net sales were $859.80 million compared to $827.10 million, a year ago. Analysts expected revenue of $836.18 million for the quarter.