ResMed (RMD) Surpasses Q1 Earnings and Revenue Estimates

ResMed (RMD) came out with quarterly earnings of $2.20 per share, beating the Zacks Consensus Estimate of $2.03 per share. This compares to earnings of $1.64 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.37%. A quarter ago, it was expected that this maker of medical products for respiratory disorders would post earnings of $2.03 per share when it actually produced earnings of $2.08, delivering a surprise of 2.46%.Over the ...