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ICU Medical: Q2 Earnings Snapshot
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SAN CLEMENTE, Calif. (AP) — SAN CLEMENTE, Calif. (AP) — ICU Medical Inc. (ICUI) on Thursday reported second-quarter profit of $19.1 million.

On a per-share basis, the San Clemente, California-based company said it had profit of 76 cents. Earnings, adjusted for one-time gains and costs, came to $2.37 per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.91 per share.

The medical device maker posted revenue of $551.7 million in the period. Its adjusted revenue was $547.9 million, also beating Street forecasts. Three analysts surveyed by Zacks expected $535.4 million.

ICU Medical expects full-year earnings in the range of $8.60 to $9 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ICUI at https://www.zacks.com/ap/ICUI

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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