Shares of Perrigo PRGO rose 0.6% in pre-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share fell 12.26% over the past year to $0.93, which missed the estimate of $1.00.
Revenue of $1,290,000,000 declined by 2.49% from the same period last year, which missed the estimate of $1,320,000,000.
Guidance
Perrigo sees FY21 adjusted EPS of $2.50-$2.70.
Details Of The Call
Date: Mar 01, 2021
Time: 08:00 AM
ET Webcast URL: https://www.webcaster4.com/Webcast/Page/1059/40062
Price Action
52-week high: $62.25
Company's 52-week low was at $38.20
Price action over last quarter: down 10.73%
Company Profile
Perrigo is the leading provider of over-the-counter generic drugs with over 100 global locations. The company was formed in 1887 as a packager of home remedies and has grown with the migration of prescriptions switching to OTC and later with strategic acquisitions. The company has a portfolio of more than 3,000 product formulations and 14,000 stock-keeping units. Most of its manufacturing and customer base reside in North America. With the most recent management change, the company announced a narrower focus on consumer wellness in conjunction with the divestiture of animal health, acquisition of Ranir Global Holdings, and plans to sell or spin off the prescription business.
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