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Fresenius: Q1 Earnings Snapshot

Associated Press Finance
·1-min read

BAD HOMBURG, Germany (AP) — BAD HOMBURG, Germany (AP) — Fresenius Medical Care AG (FMS) on Tuesday reported first-quarter earnings of $77.1 million.

The Bad Homburg, Germany-based company said it had net income of 13 cents per share. Earnings, adjusted for non-recurring costs, came to 36 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share.

The dialysis services provider posted revenue of $5.13 billion in the period.

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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 FMS at https://www.zacks.com/ap/FMS