Perrigo Company PLC reports results for the quarter ended in December - Earnings Summary

Perrigo

27/02/2024 12:27

* Perrigo Company PLC  PRGO.N  reported quarterly adjusted
earnings of 86 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of 75 cents.  The mean expectation of
three analysts for the quarter was for earnings of 83 cents per
share. Wall Street expected results to range from 78 cents to 87
cents per share.
    * Revenue rose 0.1% to $1.16 billion from a year ago;
analysts
expected $1.18 billion. 
    * Perrigo Company PLC's reported EPS for the quarter was a
loss
of 24 cents​.
    * The company reported a quarterly loss of $32.3 million.
    * Perrigo Company PLC shares had fallen by 0.0% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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." 
    * Wall Street's median 12-month price target for Perrigo
Company
PLC is $48.00 

This summary was machine generated from LSEG data February 27 at
12:26 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.83           0.86           Beat
 Sep. 30 2023      0.63           0.64           Beat
 Jun. 30 2023      0.51           0.63           Beat
 Mar. 31 2023      0.42           0.45           Beat