Perrigo Company plc Reports Third Quarter 2018 Financial Results

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Perrigo Co. (PRGO) PT Lowered to $63 at RBC Capital

November 9, 2018 7:43 AM EST

RBC Capital analyst Randall Stanicky lowered the price target on Perrigo Co. (NYSE: PRGO) to $63.00 (from $67.00) while maintaining a Sector Perform rating.

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Perrigo (PRGO) Tops Q3 EPS by 8c, Revenues Miss; Offers FY18 EPS/Revenue Guidance Below Consensus

November 8, 2018 6:09 AM EST

Perrigo (NYSE: PRGO) reported Q3 EPS of $1.09, $0.08 better than the analyst estimate of $1.01. Revenue for the quarter came in at $1.13 billion versus the consensus estimate of $1.16 billion.

Realized third quarter 2018 GAAP ("reported") net sales of $1.1 billion, reported net loss of $68 million compared to a net income of $45 million last year and reported diluted loss per share of $0.49 compared to net earnings per share ("EPS") of $0.31 last yearAdjusted third quarter net income... More