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Hospira, Inc. (NYSE:HSP) climbed 4% to $48.19 in early morning trade after it said Tuesday that third-quarter earnings were $116 million, or 71 cents a share, compared to $82 million, or 51 cents a share, in the same period a year ago. Sales rose 8.9% to $1.01 billion compared to $926 million. Analysts polled by FactSet Research estimated earnings per share of 68 cents and sales of $936 million. For 2009 the drug-delivery company sees sales rising by 5% to 7% and earnings per share of $2.85 to $2.90. FactSet analysts estimated 2009 earnings per share of $2.84, on average.
Hospira, Inc. (Hospira), is a specialty pharmaceutical and medication delivery company that develops, manufactures and markets products. Hospira's portfolio includes generic acute-care and oncology injectables, as well as integrated infusion therapy and medication management systems.
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