Key Developments For MWI Veterinary Supply, Inc.
MWI Veterinary Supply, Inc. (MWIV.O) (Nasdaq)
MWI Veterinary Supply, Inc. Issues FY 2010 Guidance In Line With Analysts' Estimates
MWI Veterinary Supply, Inc. announced that for fiscal 2010, it expects revenues to be in the range of $1.0-$1.035 billion and earnings per share (EPS) to be in the range of $2.15-$2.23 per share. According to Reuters Estimates, analysts are expecting the Company to report EPS of $2.16 on revenues of $1.030 billion for the same period.
MWI Veterinary Supply, Inc. Updates FY 2009 Guidance
MWI Veterinary Supply, Inc. updated fiscal 2009 guidance and now expects revenues will be approximately $940 million, which represents growth of approximately 13% compared to revenues in fiscal 2008. The Company expects diluted earnings per share (EPS) will be approximately $1.93, which represents growth of 19% compared to diluted earnings per share in fiscal year 2008. The Company's previous guidance for fiscal 2009 was revenues of approximately $910 million to $925 million and diluted earnings per share of $1.80-$1.85. According to Reuters Estimates, analysts are expecting the Company to report EPS of $1.83 on revenues of $916 million for fiscal 2009.
MWI Veterinary Supply, Inc. Updates FY 2009 Guidance
MWI Veterinary Supply, Inc. updated its fiscal 2009 guidance and now expects revenue will be approximately $910-$925 million and diluted earnings per share (EPS) will be from $1.80 to $1.85. The Company's previous guidance was revenues of approximately $900-$950 million and EPS of $1.75-$1.85. According to Reuters Estimates, analysts were expecting the Company to report EPS of $1.78 on revenues of $923 million for the same period.
MWI Veterinary Supply, Inc. Reaffirms FY 2009 Outlook
MWI Veterinary Supply, Inc. reaffirmed its previous estimates for fiscal 2009. The Company expects revenues to be from $900 million to $950 million, which represents growth of 8% to 14% compared to revenues in fiscal 2008. The Company expects diluted earnings per share (EPS) to be from $1.75 to $1.85 per share, which represents growth of 8% to 14% compared to diluted earnings per share in fiscal 2008. These estimates are based on the Company's current and expected vendor contracts which typically undergo annual renegotiation. According to Reuters Estimates, analysts were expecting the Company to report revenue of $921 million for the fiscal 2009.
MWI Veterinary Supply, Inc. Issues FY 2009 Guidance Below Analysts' Estimates
MWI Veterinary Supply, Inc. announced that for fiscal year ending September 30, 2009, revenues will be from $900-$950 million and diluted earnings per share (EPS) will be from $1.75-$1.85. According to Reuters Estimates, analysts were expecting the Company to report revenue of $964 million and EPS of $1.92 for the same period.
