Mallinckrodt plc Reports Fiscal 2016 Fourth Quarter and Full-Year Results
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November 29, 2016 9:52 AM EST
Mallinckrodt (NYSE: MNK) is seeing notable weakness following earning this morning. The call is ongoing. Shares are down 6.6%
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November 29, 2016 9:43 AM EST
BMO Capital reiterated an Outperform rating and $92.00 price target on Mallinckrodt plc (NYSE: MNK) following the company's 4Q earnings report. Revenue of $887mn came in ahead of the consensus of 874mn, driven largely by Acthar. EPS were $2.04 vs. the consensus of 1.97.... More
November 29, 2016 8:46 AM EST
Mizuho Securities reiterated a Buy rating and $87.00 price target on Mallinckrodt plc (NYSE: MNK) following the company's 4Q earnings report. MNK reported revenues of $887.2M and adjusted EPS of $2.04, both ahead of consensus estimates of $832.1M and $1.90. Total branded sales of $633.1M outperformed consensus estimates of $596.6M.
Analyst Irina Koffler commented,... More
