Lannett Announces Fiscal 2018 Third-Quarter Financial Results

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Lannett Co (LCI) PT Lowered to $19 at BMO Capital

May 8, 2018 7:58 AM EDT

BMO Capital lowered its price target on Lannett Co (NYSE: LCI) to $19.00 (from $21.00) while maintaining a Market Perform rating following results.

Analyst Gary Nachman commented, "F3Q fell short of our expectations with lower revenue and GM partially offset by lower... More

Lannett (LCI) Tops Q3 EPS by 1c, Offers FY Guidance

May 7, 2018 4:18 PM EDT

Lannett (NYSE: LCI) reported Q3 EPS of $0.80, $0.01 better than the analyst estimate of $0.79. Revenue for the quarter came in at $174.4 million versus the consensus estimate of $176.33 million.

GUIDANCE:

Lannett sees FY2018 revenue of $685-695 million, versus the consensus of $687.3... More