Resmed Inc Q3 adjusted earnings Beat Estimates

(RTTNews) - Resmed Inc (RMD) released a profit for its third quarter that climbed from last year.

The company's profit totaled $110.13 million, or $0.76 per share. This compares with $87.82 million, or $0.62 per share, in last year's third quarter.

Excluding items, Resmed Inc reported adjusted earnings of $132.55 million or $0.92 per share for the period.

Analysts had expected the company to earn $0.84 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 15.1% to $591.63 million from $514.20 million last year.

Resmed Inc earnings at a glance:

-Earnings (Q3): $132.55 Mln. vs. $100.74 Mln. last year. -EPS (Q3): $0.92 vs. $0.71 last year. -Analysts Estimate: $0.84 -Revenue (Q3): $591.63 Mln vs. $514.20 Mln last year.