Covance Reports Second Quarter Revenue of $475M and EPS of $0.49; Updates Full-Year Financial Targets(8)
添加时间:2010-08-02 原文发表:2010-08-02 人气:58
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Income before taxes and equity investee
earnings 93,602 115,723 (a)
Taxes on income 23,469 32,400 (a)
Equity investee earnings (loss) 673 (38)
Net income $70,806 $83,285 (a)
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Basic earnings per share $1.11 $1.31 (a)
Weighted average shares outstanding -
basic 63,531,999 63,705,105
Diluted earnings per share $1.09 $1.30 (a)
Weighted average shares outstanding -
diluted 65,058,693 64,024,143
(a) Includes the impact of a $655 gain on sale of Cardiac Safety
Services ($426 net of tax) during the second quarter of 2009.
Excluding the impact of the gain on sale
of business:
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Income before taxes and equity investee
earnings $41,826 $58,596
Taxes on income $10,415 $15,822
Net income $31,665 $42,564
Basic earnings per share $0.50 $0.67
Diluted earnings per share $0.49 $0.66