NEW YORK -- St. Jude Medical Inc. , a developer of medical technology and services, said Wednesday that its fourth-quarter profit rose to $206.4 million, or 62 cents a share, from $189.7 million, or 57 cents a share, a year earlier. Sales rose to $1.35 billion from $1.2 billion. Excluding items, the company said it would have earned 75 cents a share. It forecast first-quarter profit in the range of 77 cents to 79 cents a share and $3.25 to $3.30 for the year. Analysts, on average, estimated St. Jude Medical to earn 74 cents a share in the fourth quarter and 78 cents in the first quarter, according to FactSet.
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