VCA Antech 4Q07 EPS view in line with mean Street estimate

Date : 02/04/2008 @ 5:06PM
Source : TFN
Stock : Vca Antech Inc (WOOF)
Quote : 25.95  -1.45 (-5.29%) @ 4:44PM
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VCA Antech 4Q07 EPS view in line with mean Street estimate

        SAN FRANCISCO (Thomson Financial) - VCA Antech Inc. late Monday said it
expects fourth-quarter earnings per share in the range of 28 cents to 29 cents,
in line with the mean estimate of analysts polled by Thomson Financial.
    The company expects revenue of $284 million, compared with the mean Street
estimate of $290 million.
    The Los Angeles-based animal healthcare services provider sees fiscal 2007
earnings per share of between $1.40 and $1.41 and revenue of $1.16 billion.
    Animal hospital same-store revenue growth for the fourth quarter was 2.5%
and laboratory internal revenue growth was 9.1%, the company said.
    In fiscal 2008 the company sees net earnings in the range of $135 million to
$139 million, or $1.55 to $1.60 a share, on revenue in the range of $1.30
billion to $1.33 billion.
    The company expects laboratory internal revenue growth to a range from 8% to
10%, animal hospital same-store revenue growth to a range from 3% to 5% and
animal hospital acquired revenue from $50 million to $60 million.
    VCA Antech shares closed the regular session down 27 cents at $39.50. 
Brigid Gaffikin
bg/gm

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