Forest Laboratories Reports Q3 EPS $1.04 vs $1.01 Est; Revenues $1.21B vs $1.18B Est

Forest Laboratories, Inc. (NYSE: FRX) today announced that reported earnings per share were $1.04 in the third quarter of fiscal 2012. Reported earnings per share in the third quarter of fiscal 2011 were $1.11 after a charge for a new product licensing fee of $66.1 million, or $0.23 per share net of tax, related to a licensing agreement with Grünenthal GmbH (Grünenthal) for GRT 6005 and its follow-on compound GRT 6006, for the treatment of moderate to severe chronic pain.