* Adjusted profit from continuing operations 58 cents
* Estimate was 59 cents
CHICAGO May 6 Omnicare Inc OCR.N reported
higher quarterly net earnings on Thursday, even as sales dipped
slightly, on lower costs and charges.
First-quarter net earnings were $50.9 million, or 43 cents
per share, compared with $30.9 million, or 26 cents per share,
in the year-earlier quarter, when it took hefty legal and other
Adjusted earnings from continuing operations were 58 cents
Analysts on average had expected 59 cents per share,
according to Thomson Reuters I/B/E/S.
Revenue was $1.52 billion in the quarter, down from $1.54
billion a year ago. Analysts had looked for $1.54 billion.
(Reporting by Debra Sherman, editing by Gerald E. McCormick)