Perrigo (PRGO) Tops Q1 EPS by 5c

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Go back to Perrigo (PRGO) Tops Q1 EPS by 5c

Perrigo (PRGO) Rx Price Erosion Appears To Creep Above Guided Range - Goldman Sachs

May 31, 2017 5:12 AM EDT

Goldman Sachs maintains Sell on Perrigo Co. (NYSE: PRGO) price target of $68.00.

Analyst Jami Rubin writes to clients in a late Tuesday note that RX prices have eroded 11-13 percent compared with company guidance of 9-11 percent for FY 2017.

"...we calculate... More

Perrigo (PRGO) Files Form 10-Q; Reports Q1 Results

May 30, 2017 5:17 PM EDT

Delivered first quarter 2017 GAAP ("reported") net sales of $1.2 billion, led by consumer-facing businesses net sales of $958 millionRealized first quarter reported net income of $72 million and reported earnings per share ("EPS") of $0.50Achieved adjusted net income of $150 million and adjusted diluted EPS of $1.05First quarter cash flow from operations was $195 million; cash flow from operations of 272% as a percentage to net income and 130% as a percentage to adjusted net income CHCI profit improvement plan yielding positive results... More