Perrigo Company plc Reports Fourth Quarter & Fiscal Year 2019 Financial Results

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Go back to Perrigo Company plc Reports Fourth Quarter & Fiscal Year 2019 Financial Results

Perrigo (PRGO) Misses Q4 EPS by 1c; Offers FY20 EPS Guidance Below Consensus

February 27, 2020 6:36 AM EST

Perrigo (NYSE: PRGO) reported Q4 EPS of $1.06, $0.01 worse than the analyst estimate of $1.07. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.31 billion.

Key Fourth Quarter Financial Highlights

GAAP ("reported") consolidated fourth quarter net sales were $1.3 billion, an increase of 10.7% compared to the prior year quarter. Adjusted net sales(1) increased 13.4% compared to the prior year quarter, excluding currency(2).Worldwide Consumer fourth quarter reported net sales increased 12.7% compared to the prior year quarter. Worldwide Consumer adjusted net sales increased 16.4% versus the fourth quarter of 2018, excluding currency.Consumer... More