Owens & Minor Q2 Profit Advances 11%

(RTTNews) - Owens & Minor (OMI) released earnings for its second quarter that increased compared to the same period last year.

The company said its bottom line rose to $32.22 million, or $0.52 per share. This was up from $29.10 million, or $0.46 per share, in last year's second quarter.

Analysts had expected the company to earn $0.49 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.5% to $2.48 billion. This was up from $2.42 billion last year.

Owens & Minor earnings at a glance:

-Earnings (Q2): $32.22 Mln. vs. $29.10 Mln. last year. -Earnings Growth (Y-o-Y): 10.7% -EPS (Q2): $0.52 vs. $0.46 last year. -EPS Growth (Y-o-Y): 13.0% -Analysts Estimate: $0.49 -Revenue (Q2): $2.48 Bln vs. $2.42 Bln last year. -Revenue Change (Y-o-Y): 2.5%

-Guidance: Full year EPS guidance: $2.00 - $2.05