Shares of Hospira (HSP:NYSE - news - research) were among the worst-performing health-related stocks Monday. The stock fell 8% after the company trimmed its 2005 earnings and sales forecast, warning that results would fall below consensus estimates. Excluding items, the hospital-products maker expects to post a profit of $1.53 to $1.60 a share on sales of about $2.5 billion. Analysts polled by Thomson First Call had been expecting earnings of $1.76 a share on sales of $2.62 billion. In November, the company predicted that it would post adjusted earnings of $1.65 to $1.70 a share on sales of $2.6 billion. Shares were trading down $2.44 to $29.04.
Despite posting second-quarter results that topped expectations as well as raising 2005 estimates, Accredo Health (ACDO:Nasdaq - news - research) fell modestly on Monday. The pharmacy-services company earned $20.2 million, or 41 cents a share, on sales of $503.9 million during the second quarter. Analysts were expecting earnings of 40 cents a share on sales of $488.5 million. A year ago the company earned $19.9 million, or 41 cents a share, on sales of $389.8 million. Looking ahead, Accredo raised its 2005 earnings forecast to $1.56 to $1.61 a share, up from previous guidance of $1.53 to $1.60 a share. Sales are expected to be $1.85 billion to $1.9 billion. Analysts are expecting earnings of $1.61 a share on sales of $1.88 billion. Shares were recently trading down 36 cents to $29.62.
Shares of Haemonetics (HAE:NYSE - news - research) rose 6% after the maker of blood-processing systems posted third-quarter earnings and sales above expectations. The company earned $11 million, or 42 cents a share, on sales of $98.1 million. Analysts were expecting earnings of 37 cents a share on sales of $94.3 million. The company's blood-bank disposables segment jumped to $34 million in sales, up 14.8% vs. a year ago, which helped offset a 9.4% decline in the company's plasma-disposables segment. Shares were trading up $2.34 to $38.80.