Owens & Minor Reports Q1 Profit Misses Estimates - Quick Facts

(RTTNews) - Owens & Minor Inc. (OMI) reported first-quarter net income of $18.9 million or $0.30 per share, compared to $25.5 million or $0.41 per share, prior year. Adjusted net income excluding after-tax charges for acquisition-related and exit and realignment activities, was $27.5 million, or $0.44 per share, for the quarter.

On average, nine analysts polled by Thomson Reuters expected the company to report profit per share of $0.45 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $2.39 billion from $2.26 billion last year. Analysts expected revenue of $2.39 billion for the quarter.

The company's financial guidance for 2015 remains unchanged. For 2015, the company expects adjusted net income per share of $1.90 to $1.95. Analysts expect the company to report fiscal 2015 earnings per share of $1.93.