Fresenius: Q4 Earnings Snapshot
BAD HOMBURG, Germany (AP) — BAD HOMBURG, Germany (AP) — Fresenius Medical Care AG (FMS) on Tuesday reported fourth-quarter earnings of $202.4 million.
On a per-share basis, the Bad Homburg, Germany-based company said it had profit of 34 cents. Earnings, adjusted for non-recurring costs, were 47 cents per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 36 cents per share.
The dialysis services provider posted revenue of $5.37 billion in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $5.32 billion.
For the year, the company reported profit of $540 million, or 92 cents per share. Revenue was reported as $21.05 billion.
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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 FMS at https://www.zacks.com/ap/FMS