Edwards Lifesciences Corp. Earnings Rise In Q4

(RTTNews) - Edwards Lifesciences Corp. (EW) announced a profit for its fourth quarter that rose compared to the same period last year.

The company said its bottom line totaled $203.1 million, or $0.94 per share. This was up from $163.6 million, or $0.75 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.91 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 15.7% to $888.5 million. This was up from $767.7 million last year.

Edwards Lifesciences Corp. earnings at a glance:

-Earnings (Q4): $203.1 Mln. vs. $163.6 Mln. last year. -Earnings Growth (Y-o-Y): 24.1% -EPS (Q4): $0.94 vs. $0.75 last year. -EPS Growth (Y-o-Y): 25.3% -Analysts Estimate: $0.91 -Revenue (Q4): $888.5 Mln vs. $767.7 Mln last year. -Revenue Change (Y-o-Y): 15.7%

-Guidance: Next quarter EPS guidance: $1.04 - $1.14 Next quarter revenue guidance: $900 - $950 Mln