Shire Delivers Strong Q2 2016 Revenue Growth; Upgrades Outlook
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Despite Strong Qtr, Guggenheim Remains on the Sidelines with Shire (SHPG) on Longer-Term Earnings Visibility
August 2, 2016 3:10 PM EDTGuggenheim analyst Louise Chen maintained a Neutral rating on Shire (NASDAQ: SHPG) despite strong results as they remain concerned about earnings visibility at the end of the decade when generic competition could enter for key drugs.
Chen commented, "Despite the strong... More
Shire plc (SHPG) Tops Q2 EPS by 35c; Guides FY16 EPS Above Views
August 2, 2016 7:05 AM EDTShire plc (NASDAQ: SHPG) reported Q2 EPS of $3.38, $0.35 better than the analyst estimate of $3.03. Revenue for the quarter came in at $2.43 million versus the consensus estimate of $2.22 million.
GUIDANCE:
Shire plc sees FY2016 EPS of $12.70-$13.10, versus the consensus of... More
