ZOLL Medical Corp. (ZOLL)
ZOLL Medical Corporation (<a href=http://www.zacks.com/stock/quote/zoll>ZOLL</a>) reported fourth quarter earnings of 16 cents per share, beating the Zacks Consensus Estimate of 8 cents. The company earned 41 cents per share in the year-ago quarter. <p> For fiscal 2009, the company earned 45 cents per share, which also exceeded the Zacks Consensus Estimate by 8 cents but was well below the year-ago earnings of $1.10. We are pleased with the company's wide range of products and significant international presence. <p> ZOLL has made multiple acquisitions in the past which have aided growth, and the company is looking for more such opportunities. Consequently, we upgrade the stock to Outperform with a target of $31.
December 21, 2009 | Filed Under Stock Picks
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