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Teleflex affirms 2012 guidance | Wall Street Beat

Fri, 12/14/2012 - 8:00am
Mass Device

Teleflex reiterates its guidance for the rest of 2012 but soft-pedals its outlook for next year.

MassDevice.com Wall Street Beat

Teleflex (NYSE:TFX) said yesterday that it expects its 2012 earnings to meet Wall Street's expectations, but forecast softer profits for the coming year.

The Limerick, Pa.-based medical device company said its "preliminary financial goals" for 2013 are for sales growth of 11%-13% and adjusted EPS of $4.70-$4.90.

Analysts on The Street are looking for adjusted EPS of $4.85.

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