Perrigo Company PLC expected to post earnings of 23 cents a share - Earnings Preview

Perrigo

03/05/2024 15:44

* Perrigo Company PLC  PRGO.N   PRGO.K  is expected to show
a fall
in quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The Dublin-based  company is expected to report a
7.5% decrease
in revenue to $1.093 billion from $1.18 billion a year ago,
according to the mean estimate from 3 analysts, based on LSEG
data.The company's guidance on February 27 2024, for the period
ended March 31, was for revenue between $1.08 billion and $1.10
billion.
    * ​LSEG's mean analyst estimate for Perrigo Company PLC is
for
earnings of 23 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Perrigo
Company
PLC is $40.50​, above​ its last closing price of $33.06. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.83        0.83       0.86      Beat    3.2
 Sep. 30 0001  0.62        0.63       0.64      Beat    2.4
 Jun. 30 2023  0.51        0.51       0.63      Beat    24.8​
 Mar. 31 2023  0.42        0.42       0.45      Beat    8
 ​​Jan.        0.71        0.71       0.75      Beat    6.4
 1 0001                                                 
 Sep. 30 2022  0.66        0.67       0.56      Missed  -16.1​
 Jun. 30 2022  0.45        0.44       0.43      Missed  -2.3
 Mar. 31 2022  0.42        0.42       0.33      Missed  -21.4
 This summary was machine generated May 3 at 14:44 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)