Lannett (LCI) Tops Q1 EPS by 6c; Trims FY17 Outlook

Lannett (NYSE: LCI) reported Q1 EPS of $0.77, $0.06 better than the analyst estimate of $0.71. Revenue for the quarter came in at $161.6 million versus the consensus estimate of $166.72 million.

GUIDANCE:

Lannett sees FY2017 revenue of $675-685 million, versus prior guidance of $690-700 million and the consensus of $683.1 million.

For earnings history and earnings-related data on Lannett (LCI) click here.

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