Teleflex reports Q1 adjusted EPS $2.91, consensus $2.88

Reports Q1 revenue $700.7M, consensus $699.37M. “Our performance for the first quarter was in line with our expectations” said CEO Liam Kelly. “Were it not for the impact of tariffs enacted since the issuance of our previous guidance, we project that our full-year results for 2025 would fall within our previously stated guidance ranges. We are evaluating strategies to mitigate our exposure to tariffs and remain highly focused on executing our plan for the year. Finally, in-line with our disciplined capital allocation strategy, we completed our previously announced $300M accelerated share repurchase on April 9, 2025. On our last call, we announced our intended separation of Teleflex (TFX) into two independent publicly traded companies, which we believe will enhance value for all Teleflex shareholders. As we expected, since announcing the intended separation, we have received significant third-party interest in acquiring NewCo. With the full support and oversight of the Board, management are continuing to actively explore all options for NewCo with the goal of maximizing shareholder value, including evaluating the potential sale of NewCo in parallel with the potential spin transaction.”