This May Be A Good Time To Pick Up Endo International In 2018 [Seeking Alpha]
Endo International plc - Ordinary Shares (ENDP)
Last endo international plc - ordinary shares earnings: 2/26 06:00 am
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US:NASDAQ Investor Relations:
investor.endo.com/newsroom/news-releases
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Source: Seeking Alpha
Summary The year 2018 seems to be panning out better than 2017 for Endo International ( ENDP ). The company managed to surpass both its revenue and earnings expectations in Q2 2018, driven mainly by double-digit growth of its Xiaflex and Sterile Injectables segment. Then again, improving product mix as well as the company’s continued focus to push up margins bodes well for this company. Finally, Endo International has also raised its FY 2018 revenue guidance from $2.6 billion to $2.8 billion to $2.75 billion to $2.85 billion. Adjusted EBITDA and adjusted EPS guidance stand at $1.27 billion to $1.33 billion and $2.50 to $2.60, respectively. (Refer Q2 2018 earnings conference call ) The above image gives a snapshot of the key short-term and long-term growth drivers of Endo International. In this backdrop, I consider Endo International to be a promising investment opportunity in 2018. In this article, I will be explaining my hypothesis in greater detail. Xiafl
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