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Medical Laboratories Research
Medical Laboratories Research, ticker symbol ALR, is a specialty pharmaceutical company that focuses on the development, manufacturing, and marketing of products that are used in the hospital setting. The company's portfolio includes a range of pharmaceutical products, including those used for pain management, anesthesia, and critical care.
In terms of recent financial performance, ALR has reported solid growth in both revenue and earnings in recent years. For the full year 2020, the company reported revenue of $306.8 million, representing an increase of 8.5% compared to the prior year. Earnings per share (EPS) for the full year 2020 came in at $2.36, representing an increase of 29.3% compared to the prior year.
Looking ahead, analysts are generally positive about the company's growth prospects. For the full year 2021, consensus estimates call for revenue of $331.5 million, representing an additional increase of 8.7% compared to 2020. Earnings per share are expected to come in at $2.73, representing an additional increase of 15.7% compared to the prior year.
It's important to note that these are consensus estimates, and actual results may vary. Additionally, it's important to keep in mind that investing in the stock market carries inherent risks, and it's important to do your own research and consider seeking advice from a financial advisor before making any investment decisions.
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