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Perrigo (PRGO) Reports Q1 Earnings: What Key Metrics Have to Say

May 7, 2024, 10:49 AM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- Perrigo reported $1.08 billion in revenue, down 8.4% YoY with EPS of $0.29. - Revenue missed estimates by -0.91%, EPS beat estimates by +20.83%. - Net sales for various segments showed mixed results compared to analyst estimates. - Perrigo stock returned +5.3% in the past month, with a Zacks Rank #4 (Sell). Price Impact Rating: Bearish Impact Horizon Rating: Short-Term Type: Earnings

  • Perrigo reported $1.08 billion in revenue, down 8.4% YoY with EPS of $0.29.
  • Revenue missed estimates by -0.91%, EPS beat estimates by +20.83%.
  • Net sales for various segments showed mixed results compared to analyst estimates.
  • Perrigo stock returned +5.3% in the past month, with a Zacks Rank #4 (Sell).

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