WuXi PharmaTech (Cayman) Inc. Q3 Earnings Decline 38%

(RTTNews) - WuXi PharmaTech (Cayman) Inc. (WX) announced a profit for third quarter that fell from last year.

The company said its earnings declined to $23.65 million, or $0.31 per share. This was down from $38.15 million, or $0.54 per share, in last year's third quarter.

Analysts had expected the company to earn $0.37 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 23.1% to $213.64 million. This was up from $173.56 million last year.

WuXi PharmaTech (Cayman) Inc. earnings at a glance:

-Earnings (Q3): $23.65 Mln. vs. $38.15 Mln. last year. -Earnings Decline (Y-o-Y): -38.0% -EPS (Q3): $0.31 vs. $0.54 last year. -EPS Decline (Y-o-Y): -42.6% -Analysts Estimate: $0.37 -Revenue (Q3): $213.64 Mln vs. $173.56 Mln last year. -Revenue Change (Y-o-Y): 23.1%