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PSS World Medical expects net income growth

Thu, 05/27/2010 - 9:10am
The Associated Press

Medical products distributor PSS World Medical Inc. said Thursday it expects net income growth in fiscal 2011.

The company said it expects net income of $1.27 to $1.31 per share in fiscal 2011, up from $1.18 per share in fiscal 2010. The company's fiscal year began April 5.

Analysts polled by Thomson Reuters expect net income of $1.29 per share.

Shares of PSS rose 65 cents, or 2.9 percent, to $23.17 in afternoon trading.

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