Quarterly Financial Results and Stock Price Movements - Research Report on Quest Diagnostics, Zimmer, ResMed, Thoratec and CareFusion
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, November 6, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Quest Diagnostics Inc. (NYSE: DGX), Zimmer Holdings, Inc. (NYSE: ZMH), ResMed Inc. (NYSE: RMD), Thoratec Corporation (NASDAQ: THOR) and CareFusion Corporation (NYSE: CFN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Quest Diagnostics Inc. Research Report
On November 1, 2013, Quest Diagnostics Inc.'s (Quest Diagnostics) stock increased 1.70%, ending the day at $60.93 per share. Over the past three trading days, Quest Diagnostics' stock rose 2.68%, compared to the Dow Jones Industrial Average which went down 0.41% during the same period. The Full Research Report on Quest Diagnostics Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/05ba_DGX]
--
Zimmer Holdings, Inc. Research Report
On November 1, 2013, Zimmer Holdings, Inc.'s (Zimmer) stock closed at $87.89 per share, up 0.48%. Zimmer's stocks dropped 0.58% over the previous three trading days, while the Dow Jones Industrial Average dropped 0.41% during the same period. The Full Research Report on Zimmer Holdings, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/9db9_ZMH]
--
ResMed Inc. Research Report
On October 24, 2013, ResMed Inc. (ResMed) released its Q3 2013 results with revenues of $357.7 million, marking an increase of 5.3% YoY. Net income for Q3 2013 came in at $80.9 million, up 13.6% YoY, while diluted EPS for the quarter stood at $0.56, compared to $0.49 in Q3 2012. Mick Farrell, ResMed's CEO commented, "In the first quarter of fiscal 2014, revenue in the Americas increased by 4% over the prior year's quarter, to $201.5 million. Revenue outside the Americas was $156.2 million, a 5% increase on a constant currency basis, over the prior year's quarter. Global revenue growth was driven primarily by sales of higher valued flow generators, like our S9 AutoSet™ and S9™ bilevels, while mask spares and accessories did particularly well this quarter. Operating profit for the September quarter was $96.9 million, cash flow from operations was $90.4 million, while gross margin increased to 63.7%, all demonstrating excellent operating performance." In addition, ResMed's Board of Directors also declared a dividend of $0.25 per share, which is payable on December 18, 2013 to shareholders of record on November 19, 2013. The Full Research Report on ResMed Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/bd44_RMD]
--
Thoratec Corporation Research Report
On October 30, 2013, Thoratec Corporation (Thoratec) released its Q3 2013 results with revenues of $126.4 million, up 7.4% YoY. During the quarter, the Company also posted GAAP net income per diluted share of $0.32, compared with GAAP net income per diluted share of $0.41 in Q3 2012. "Thoratec generated strong results during the third quarter, highlighted by continued growth in our HeartMate II® and CentriMag® product lines," said Gary F. Burbach, President and CEO of Thoratec. "We continue to drive expansion of the worldwide market for MCS therapy and delivered international revenue growth of 32% during the quarter." Thoratec increased its guidance for full-year 2013 net income per diluted share to $1.30-$1.35 on a GAAP basis and $1.80-1.85 on a non-GAAP basis, and narrowed full-year 2013 revenue guidance to a range of $500 million to $505 million. The Full Research Report on Thoratec Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/1bee_THOR]
--
CareFusion Corporation Research Report
On November 1, 2013, CareFusion Corporation's (CareFusion) stocks rose 0.34% to end the day at $38.90 per share. Over the previous three day trading period, CareFusion's stocks were down 1.17% compared to S&P 500 which dipped 0.58% during the same period. The Full Research Report on CareFusion Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/4933_CFN]
----
EDITOR NOTES:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
- For any urgent concerns or inquiries, please contact us at [email protected].
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
AnalystsCorner.com
SOURCE Analysts' Corner
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article