Why Is Perrigo (PRGO) Up 19.1% Since Last Earnings Report? [Yahoo! Finance]
Perrigo Company plc Ordinary Shares (PRGO)
Last perrigo company plc ordinary shares earnings: 4/30 06:30 am
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US:NASDAQ Investor Relations:
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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 the most recent earnings report in order to get a better handle on the important drivers. Q4 Earnings Top, Sales Lag Estimates Perrigo reported adjusted earnings of 86 cents per share in the fourth quarter of 2023, beating the Zacks Consensus Estimate of 83 cents. Earnings were up 14.7% year over year. The upside can be attributed to lower operating expenses incurred by the company during the quarter. Net sales increased 0.1% year over year to $1.16 billion, missing the Zacks Consensus Estimate of $1.19 billion. The upside was driven by growth stemming from the acquisition of the U.S. & Canadian Good Start infant formula brand and favorable currency movement, partially offset by a decline in organic net sales. During the quarter, sales rose 1.4% on account of favora
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PRGO
News
- Perrigo gets offer to sell its HRA Pharma rare diseases unit [Seeking Alpha]Seeking Alpha
- Perrigo Receives Binding Offer to Divest its HRA Pharma Rare Diseases Business for up to €275 Million [Yahoo! Finance]Yahoo! Finance
- Perrigo Receives Binding Offer to Divest its HRA Pharma Rare Diseases Business for up to €275 MillionPR Newswire
- Perrigo to Release First Quarter 2024 Financial Results on May 7, 2024 [Yahoo! Finance]Yahoo! Finance
- Perrigo to Release First Quarter 2024 Financial Results on May 7, 2024PR Newswire
PRGO
Earnings
- 2/27/24 - Beat
PRGO
Sec Filings
- 4/25/24 - Form 8-K
- 4/9/24 - Form 4
- 4/9/24 - Form 4
- PRGO's page on the SEC website