MECHANICSVILLE, Va. (AP) — MECHANICSVILLE, Va. (AP) — Owens & Minor Inc. (OMI) on Monday reported a loss of $12.8 million in its third quarter.
On a per-share basis, the Mechanicsville, Virginia-based company said it had a loss of 17 cents. Earnings, adjusted for one-time gains and costs, were 42 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 40 cents per share.
The medical supply distributor posted revenue of $2.72 billion in the period.
Owens & Minor expects full-year earnings in the range of $1.45 to $1.55 per share, with revenue in the range of $10.6 billion to $10.8 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OMI at https://www.zacks.com/ap/OMI
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