St. Jude Medical Inc. Q3 Income Retreats 6%

(RTTNews) - St. Jude Medical Inc. (STJ) released earnings for third quarter that fell compared to the same period last year.

The company said its earnings came in at $277 million, or $0.97 per share. This was down from $296 million, or $1.02 per share, in last year's third quarter.

The company said revenue for the quarter fell 2.2% to $1.34 billion. This was down from $1.37 billion last year.

St. Jude Medical Inc. earnings at a glance:

-Earnings (Q3): $277 Mln. vs. $296 Mln. last year. -Earnings Decline (Y-o-Y): -6.4% -EPS (Q3): $0.97 vs. $1.02 last year. -EPS Decline (Y-o-Y): -4.9% -Revenue (Q3): $1.34 Bln vs. $1.37 Bln last year. -Revenue Change (Y-o-Y): -2.2%

-Guidance: Next quarter EPS guidance: $1.00 - $1.02 Full year EPS guidance: $3.93 - $3.95