Orthofix International NV Issues FY 2013 Guidance Below Analysts' Estimates

Thursday, 21 Feb 2013 04:00pm EST 

Orthofix International NV announced that for fiscal 2013, it expects constant currency net sales growth to be between 1.0% and 3.0% over net sales in fiscal 2012. The Company anticipates foreign currency translation to negatively impact net sales by 0.5%, reported net sales growth to be between 0.5% and 2.5%, or $465 million and $475 million, GAAP net income from continuing operations to be between $2.84 and $2.94 per diluted share and GAAP EPS Range to be $2.84 -$2.94. The Company reported revenue of $462 million in fiscal 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $481 million and EPS of $3.06 for fiscal 2013. 

Company Quote

-0.18 -0.64%
21 Nov 2014