Perrigo Company plc Reports First Quarter 2020 Financial Results
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Perrigo (PRGO) Tops Q1 EPS by 11c
April 30, 2020 6:38 AM EDTPerrigo (NYSE: PRGO) reported Q1 EPS of $1.14, $0.11 better than the analyst estimate of $1.03. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.31 billion.
First Quarter Financial Highlights
Consolidated first quarter net sales were $1.3 billion, an increase of 14.2% compared to the prior year quarter. Excluding exited businesses(1) and the impact of currency, net sales increased 17.6%.Worldwide Consumer first quarter net sales increased 16.2% compared to the prior year quarter. Excluding exited businesses and the impact of currency, Worldwide Consumer net sales were 20.7% higher year-over-year.Consumer Self-Care Americas... More