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0.00053715308863028 0.00125335720680394 0.00286481647269478 0.0023276633840645 -0.00214861235452099 -0.00483437779767227 -0.00304386750223817 0.00268576544315127
Stock impact report

Perrigo (PRGO) Up 5.6% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]

Perrigo Company plc Ordinary Shares (PRGO) 
Last perrigo company plc ordinary shares earnings: 4/30 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: perrigo.investorroom.com
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is Perrigo due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Perrigo reported third-quarter adjusted earnings of 81 cents per share, which missed the Zacks Consensus Estimate of 82 cents. The reported figure increased 26.6% year over year, primarily due to improved margins and lower variable expenses. Net sales declined 3.2% year over year to $1.09 billion, which lagged the Zacks Consensus Estimate of $1.12 billion. The downside was due to lower net sales in the Nutrition category and loss of sales stemming from exited businesses and product lines. During the quarter, sales dropped 1.3% year over year on account of exited businesses and product lines but benefited from favorable currency movement by 0.5%. At constant currency (excluding Show less Read more
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