CareFusion Q2 Profit Declines; Reaffirms FY14 Guidance - Quick Facts

(RTTNews) - CareFusion Corp. (CFN), a global medical technology company, reported second-quarter income from continuing operations of $97 million, or $0.45 per share, compared to $108 million or $0.48 per share, last year. Adjusted income from continuing operations was $116 million or $0.54 per share, for the quarter.

On average, 14 analysts polled by Thomson Reuters expected the company to report profit per share of $0.54 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $922 million, from $909 million, a year ago. Analysts expected revenue of $911.13 million, for the quarter.

For fiscal 2014, CareFusion continues to expect organic revenue to grow 1 percent to 4 percent on a constant currency basis compared to fiscal 2013 revenue of $3.55 billion. Adjusted earnings per share from continuing operations are expected to be in the range of $2.30 to $2.40. Analysts expect the company to report fiscal 2014 earnings per share of $2.34.