Perrigo's Earnings Fall Short with $0.02, Profits Below Expectations

According to Perrigo's (NYSE: PRGO) report, earnings per share for the third quarter were $0.81, which is $0.02 below analysts' expectations of $0.83. The reported earnings for this quarter were set at $1.1 billion, while analyst expectations were $1.13 billion.

Perrigo has projected earnings per share for Fiscal Year 2024 to be between $2.50 and $2.65, whereas analyst forecasts had indicated $2.57.

Perrigo's stock closed at $25.35 for the day, reflecting a decrease of 5.83% over the past three months. Over the last 12 months, the stock has declined by 14.42%. In the past 90 days, Perrigo has seen 0 positive earnings per share and 1 negative earnings per share.

You can review how Perrigo's stock price reacted to past earnings reports here. According to InvestingPro, Perrigo has a financial health score of "Fairly Good Performance."

Examine the latest earnings reports and all financial information related to Perrigo here. Stay updated on all developments regarding balance sheets by visiting the Investing.com Earnings Calendar.