UPDATE 1-Invitrogen projects 2005, 2006 earnings per share
Wed Dec 14, 2005 09:02 PM ET
(Adds analyst estimates)
LOS ANGELES, Dec 14 (Reuters) - Invitrogen Corp. (IVGN.O: Quote, Profile, Research) , a maker of tools and cultures used in drug development and production, said on Wednesday that it expects 2005 earnings per share to hit the "range of $3.42 plus", on sales of more than $1.19 billion.
For 2006, the company projected pro forma earnings per share of $3.90 to $4.10.
Wall Street analysts, on average, expect the company to earn $3.43 per share this year and $3.91 per share in 2006, according to Reuters Estimates. |
