Comment on St. Jude hits Q4 marks; says 2015 will be weaker than thought

St. Jude hits Q4 marks; says 2015 will be weaker than thought

St. Jude Medical Inc. on Wednesday reported a stronger fourth-quarter profit, but it sought to lower expectations for the coming year. The Little Canada-based medical-technology firm reported net income of $245 million, or 84 cents per share, up from $123 million, or 42 cents per share, in the year-ago period. Sales climbed to $1.44 billion, up 1 percent from a year ago. Adjusted earnings were $1.03 per share, meeting analyst estimates, the Associated Press reports. RELATED: Read the full St.…

 

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