Perrigo Company plc Reports Fourth Quarter And Full-Year 2018 Financial Results

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Perrigo Co. (PRGO) PT Lowered to $48 at RBC Capital

February 28, 2019 6:48 AM EST

RBC Capital analyst Randall Stanicky lowered the price target on Perrigo Co. (NYSE: PRGO) to $48.00 (from $50.00) while maintaining a Sector Perform rating following results.

Stanicky notes consumer margins are under pressure and they stay cautious into the May update.

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Perrigo (PRGO) Misses Q4 EPS by 3c, Revenues Beat

February 27, 2019 4:26 PM EST

Perrigo (NYSE: PRGO) reported Q4 EPS of $0.97, $0.03 worse than the analyst estimate of $1.00. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.18 billion.

Perrigo President and CEO Murray S. Kessler commented, "While 2018 was a difficult year for Perrigo, significant progress was made in the fourth quarter against the Company's transformation plans. Market share in our consumer businesses... More