Wednesday, January 31, 2018

QIAGEN Sets 2018 Outlook For Further Growth In Adj. Sales, Adj. EPS

QIAGEN N.V. (QGEN) announced, for full-year 2018, the company expects underlying growth in adjusted EPS to approximately $1.38-$1.40 CER, but this is expected to be reduced to about $1.31-1.33 CER. QIAGEN's organic growth in net sales is expected to be about 6-7% CER for 2018 (accelerating from 5% CER in 2017), which excludes business portfolio changes in both periods as well as the acquisition of STAT-Dx (launch planned for second half of 2018). The affected products had sales of about $25 million in 2017, and are expected to provide about $7 million in 2018, while the STAT-Dx acquisition is expected to provide about $7 million of sales. Based on these factors, total adjusted net sales growth of about 6-7% CER is expected.

from RTT - Earnings http://ift.tt/2GyEBsf
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