Omnicare Q1 Profit Rises - Quick Facts

(RTTNews) - Omnicare, Inc. (OCR) reported first quarter net income of $77.4 million or $0.75 per share, compared to $63.8 million or $0.59 per share, prior year. Adjusted cash earnings per share was $1.02, for the quarter.

On average, nine analysts polled by Thomson Reuters expected the company to report profit per share of $1.01 for the quarter. Analysts' estimates typically exclude special items.

Sales increased to $1.66 billion from $1.57 billion last year. Analysts expected revenue of $1.64 billion for the quarter.

For 2015, Omnicare continues to expect revenue in the range of $6.5 to $6.7 billion and adjusted cash earnings per share of $4.08 to $4.16. Analysts expect the company to report fiscal 2015 earnings per share of $4.16 on revenue of $6.68 billion.