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Perrigo Fiscal Q1 Earnings, Revenue Drop

05/11/2021 03:28

07:15 AM EDT, 05/11/2021 (MT Newswires) -- Perrigo (PRGO) on Tuesday reports fiscal Q1 EPS of $0.28, down from $0.77 a year earlier. Analysts polled by Capital IQ had called for $0.57.

The Ireland-based company's revenue totaled $1.01 billion for the three months ended April 3, down from $1.08 billion a year ago. Wall Street was looking for $1.02 billion.

Looking ahead, Perrigo said it expects full-year fiscal 2021 adjusted EPS in the range of $2.50 to $2.70, representing 7% growth. That compares with the consensus estimate of $2.62.

The company's US-listed shares fell as much as 1.6% in pre-bell trade.

Price: 42.42, Change: -0.70, Percent Change: -1.62