Perrigo Company plc Ordinary Shares (PRGO) Releases Earnings Results, Misses Expectations By $-0.06 EPS

Perrigo Company plc Ordinary Shares (PRGO) reported quarterly earnings results on Wednesday, Aug-10-2016. The company reported $1.93 earnings per share for the quarter, missing the analyst consensus estimate by $-0.06. Analysts had a consensus of $1.99. The company posted revenue of $1437.00 million in the period, compared to analysts expectations of $1429.56 million. The company’s revenue was down -3.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.18 EPS.

Many Wall Street Analysts have commented on Perrigo Company plc Ordinary Shares. Deutsche Bank Upgraded Perrigo Company plc Ordinary Shares on Jul 22, 2016 to ” Buy”, Price Target of the shares are set at $115.Perrigo Company plc Ordinary Shares was Downgraded by Argus to ” Hold” on Jun 20, 2016.

Perrigo Company plc Ordinary Shares opened for trading at $93.36 and hit $94.35 on the upside on Monday, eventually ending the session at $93.44, with a gain of 0.31% or 0.29 points. The heightened volatility saw the trading volume jump to 11,75,921 shares. Company has a market cap of $13,383 M.

In a different news, on Apr 14, 2016, Judy L Brown (Executive VP & CFO) sold 2,776 shares at $126.22 per share price. According to the SEC, on Mar 22, 2016, Michael J Jandernoa (director) sold 761 shares at $128.29 per share price. On Mar 4, 2016, Sharon Kochan (EVP, GM International) sold 1,490 shares at $125.28 per share price, according to the Form-4 filing with the securities and exchange commission.

Perrigo Company plc Ordinary Shares

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