WEB NEWS Comments & Business Outlook
"Hospira delivered a very good second quarter , marked by strong sales and earnings, and significant progress toward our Project Fuel initiatives," said Christopher B. Begley, chairman and chief executive officer. "Based on our results for the first half of the year and our expectations for the remainder of 2009, we have increased our previously stated full-year adjusted earnings guidance . We remain committed to improving shareholder value through sustainable top- and bottom-line growth."
FULL YEAR 2009 Guidance Ending December a
Full Year 2009 Guidance Full Year 2008 Reported Period Change
GAAP Revenue
$3.78 to $3.85 billion
$3.63 billion
4.0% to 6.0%
GAAP Revenue With impact of foreign exchange
$3.63 billion
$3.63 billion
0.0%
GAAP EPS b
$2.10 to $2.15
$1.99
5.5% to 8.0%
Non-GAAP EPS b
$2.70 to $2.75
$2.53
6.7% to 8.7%
Source:
See Release , July 29, 2009
a The above forecasts reflect the Company's current and preliminary views and are therefore subject to change. Please refer to the Company's Safe Harbor Statement (usually in press releases) for the factors that could cause actual results to differ materially from those contained in any forward-looking statement. b Non-GAAP EPS figures generally exclude certain non-operating gains and losses as well as certain non-cash items. Non-GAAP information should not be viewed in isolation or as a substitute for reported, or GAAP information . For a more complete explanation of the company's definition of non-GAAP please refer to its financial press releases. The GeoTeam ® non-GAAP figures may, from time to time, differ from company supplied figures.
Comments & Business Outlook
''Hospira delivered on its commitments in the first quarter, generating solid sales and earnings growth in a period marked by continued economic uncertainty,' said Christopher B. Begley, chairman and chief executive officer. 'Looking forward, we believe the results of our strategic investments and our focus on execution position us well to deliver our financial commitments for 2009. In addition, we are driving operational excellence through our optimization initiatives under Project Fuel, which will create long-term, sustainable growth and increased shareholder value.''
Hospira has affirmed its Sales Projection and Narrows Earnings Guidance to Upper End of Range for 2009.
Full Year Fiscal 2009 Guidance Ending December
2009 Guidance
2008 Reported
Period Change
a $3.78 to $3.85 billion
$3.63 billion
4% to 6%
GAAP EPS
$2.28 - $2.38
$1.99
14.57% to 19.60%
GAAP Revenue Including the impact of foreign exchange
$3.63 billion
$3.63 billion
0%
b $2.67 - $2.72
$2.53
5.53% to 7.51%
a
b GeoTeam ® non-GAAP figures may, from time to time, differ from company supplied figures.
Source: PR Newswire (April 28, 2009 )
Comments & Business Outlook
Guidance Report: (Non-China)
Full Year Fiscal 2009 Guidance Ending December
2009 Guidance
2008 Reported
Period Change
*GAAP Revenue on constant-currency basis
$3.78 to $3.85 billion
$3.63 billion
4% to 6%
GAAP EPS
$2.28 - $2.38
$1.99
14.57% to 19.60%
GAAP Revenue Including the impact of foreign exchange
$3.63 billion
$3.63 billion
0%
**Non-GAAP EPS
$2.62 - $2.72
$2.53
3.56% to 7.51%
** Constant currency basis revenue ("organic revenue"): Applies the current period exchange rates to local currency rates for the current and year-earlier periods. Organic revenue is also adjusted for acquisitions and dispositions.
*Non-GAAP EPS Figures exclude non-operating gains and losses. Non-GAAP information should not be viewed in isolation or as a substitute for reported, or GAAP information. For a more complete explanation of the company's definition of non-GAAP please refer to their Fourth Quarter financial press release.
Source: PR Newswire (February 17, 2009 )
