Tuesday, November 5, 2013

Dialysis group FMC says needs strong Q4 to meet goal

The headquarters of Fresenius is pictured in Bad Homburg near Frankfurt Fresenius Medical Care, the world's largest dialysis provider, said it needed a "very strong" fourth quarter to meet its full-year profit forecast, hurt by cuts to healthcare budgets in the United States, its most important market. The company said on Tuesday it was aiming for a full-year net income at the low end of its previous target range of between $1.1 billion and $1.15 billion. "There is no doubt that we need a very strong fourth quarter to get there," Chief Executive Officer Rice Powell said in a statement. Analysts are on average expecting full-year net income of $1.11 billion.








via Health News Headlines - Yahoo! News http://news.yahoo.com/dialysis-group-fmc-says-needs-strong-q4-meet-080100601--finance.html

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