CareFusion Q1 Profit Shrinks - Quick Facts

(RTTNews) - CareFusion Corp. (CFN) Thursday reported first-quarter profit of $78 million or $0.36 per share, down from $84 million or $0.37 per share in the same period last year.

Adjusted earnings from continuing operations totaled $96 million or $0.44 per share. On average, 14 analysts polled by Thomson Reuters expected the company to earn $0.39 per share for the quarter. Analysts' estimates typically exclude special items. Revenues dropped to $830 million from $837 million last year. Analysts expected sales of $818.69 million.

Looking ahead to the fiscal year, 2014, CareFusion continues to expect full-year adjusted earnings in the range of $2.30 to $2.40 per share, with organic revenue growth ranging between 1 percent and 4 percent. Analysts currently expect full-year earnings of $2.34 per share.