Owens & Minor Q3 Profit Rises 26%

(RTTNews) - Owens & Minor (OMI) released earnings for its third quarter that rose from last year.

The company said its bottom line totaled $33.56 million, or $0.54 per share. This was higher than $26.54 million, or $0.42 per share, in last year's third quarter.

Analysts had expected the company to earn $0.47 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.3% to $2.47 billion. This was up from $2.39 billion last year.

Owens & Minor earnings at a glance:

-Earnings (Q3): $33.56 Mln. vs. $26.54 Mln. last year. -Earnings Growth (Y-o-Y): 26.5% -EPS (Q3): $0.54 vs. $0.42 last year. -EPS Growth (Y-o-Y): 28.6% -Analysts Estimate: $0.47 -Revenue (Q3): $2.47 Bln vs. $2.39 Bln last year. -Revenue Change (Y-o-Y): 3.3%

-Guidance: Full year EPS guidance: $1.85 - $1.95