Flir Systems Inc. (FLIR) announced earnings for its third quarter that rose compared to the same period last year.
The company said its bottom line climbed to $73.07 million, or $0.52 per share. This was higher than $52.86 million, or $0.37 per share, in last year's third quarter.
Analysts had expected the company to earn $0.41 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 1.7% to $381.93 million. This was up from $375.37 million last year.
Flir Systems Inc. earnings at a glance:
-Earnings (Q3): $73.07 Mln. vs. $52.86 Mln. last year.
-Earnings Growth (Y-o-Y): 38.2%
-EPS (Q3): $0.52 vs. $0.37 last year.
-EPS Growth (Y-o-Y): 40.5%
-Analysts Estimate: $0.41
-Revenue (Q3): $381.93 Mln vs. $375.37 Mln last year.
-Revenue Change (Y-o-Y): 1.7%
-Guidance:
Full year EPS guidance: $1.55 - $1.60
Full year revenue guidance: $1.52 -$1.57 Bln
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