Perrigo(PRGO)
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Why Is Perrigo (PRGO) Down 15.1% Since Last Earnings Report?
ZACKS· 2024-06-06 16:35
It has been about a month since the last earnings report for Perrigo (PRGO) . Shares have lost about 15.1% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Perrigo due for a breakout? 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 catalysts. Q1 Earnings Top, Sales Lag EstimatesPerrigo reporte ...
Perrigo to Attend Oppenheimer 24th Annual Consumer Growth & E-Commerce Conference
prnewswire.com· 2024-05-28 12:03
DUBLIN, May 28, 2024 /PRNewswire/ -- Perrigo Company plc (NYSE: PRGO), a leading provider of Consumer Self-Care Products, today announced that President and CEO Patrick Lockwood-Taylor and CFO Eduardo Bezerra are scheduled to present at the Oppenheimer 24th Annual Consumer Growth & E-Commerce Conference, being conducted virtually on Tuesday, June 11th at 1:30 PM EDT. Interested parties can access the webcast on the Perrigo website at http://perrigo.investorroom.com/events-webcasts.About Perrigo Perrigo Comp ...
Understanding Perrigo (PRGO) Reliance on International Revenue
Zacks Investment Research· 2024-05-13 16:56
Have you evaluated the performance of Perrigo's (PRGO) international operations during the quarter that concluded in March 2024? Considering the extensive worldwide presence of this drug company, analyzing the patterns in international revenues is crucial for understanding its financial resilience and potential for growth.In the current era of a tightly interconnected global economy, the proficiency of a company to penetrate international markets significantly influences its financial health and trajectory ...
Perrigo(PRGO) - 2024 Q1 - Earnings Call Transcript
2024-05-07 20:25
Perrigo Company plc (NYSE:PRGO) Q1 2024 Earnings Call Transcript May 7, 2024 8:30 AM ET Company Participants Brad Joseph - VP, Global IR Patrick Lockwood-Taylor - President and CEO Eduardo Bezerra - CFO Conference Call Participants Susan Anderson - Canaccord Genuity Chris Schott - JPMorgan Daniel Biolsi - Hedgeye Operator Good morning, ladies and gentlemen, and welcome to Perrigo First Quarter 2024 Financial Results Conference Call. At this time, all lines are in listen-only mode. Following the presentation ...
Perrigo (PRGO) Q1 Earnings Surpass, Sales Miss Estimates
Zacks Investment Research· 2024-05-07 16:26
Perrigo Company plc (PRGO) reported adjusted earnings of 29 cents per share in the first quarter of 2024, beating the Zacks Consensus Estimate of 24 cents. Earnings were down 35.6% year over year, primarily due to a negative financial impact of 30 cents per share from infant formula.Net sales declined 8.4% year over year to $1.08 billion, missing the Zacks Consensus Estimate of $1.09 billion. The downside was due to lower net sales in infant formula and the negative impact of purposeful SKU prioritization a ...
Perrigo (PRGO) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-05-07 14:36
Perrigo (PRGO) reported $1.08 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 8.4%. EPS of $0.29 for the same period compares to $0.45 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.09 billion, representing a surprise of -0.91%. The company delivered an EPS surprise of +20.83%, with the consensus EPS estimate being $0.24.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ex ...
Perrigo(PRGO) - 2024 Q1 - Quarterly Results
2024-05-07 10:44
EXHIBIT 99.1 Perrigo Reports First Quarter 2024 Financial Results From Continuing Operations Delivered Adjusted Diluted Earnings Per Share Results Above Projection, Due Primarily to Timing of Infant Formula Shipments; Reaffirm 2024 Financial Outlook Advanced Augmenting and Strengthening of Infant Formula Facilities, Recovery of Manufacturing Volumes Underway Progressed Blueprint to Build One Perrigo; On Target to Deliver Project Energize Goals; Announced Today in a Separate Press Release the Executive Trans ...
Perrigo Reports First Quarter 2024 Financial Results From Continuing Operations
Prnewswire· 2024-05-07 10:31
Delivered Adjusted Diluted Earnings Per Share Results Above Projection, Due Primarily to Timing of Infant Formula Shipments; Reaffirm 2024 Financial Outlook Advanced Augmenting and Strengthening of Infant Formula Facilities, Recovery of Manufacturing Volumes Underway Progressed Blueprint to Build One Perrigo; On Target to Deliver Project Energize Goals; Announced Today in a Separate Press Release the Executive Transition for the Consumer Self-Care International Business Recently Announced Plan to Divest HR ...
Perrigo Announces Executive Transition for its Consumer Self-Care International (CSCI) Business
Prnewswire· 2024-05-07 10:28
Svend Andersen, EVP and President Consumer Self-Care International (CSCI), to Retire Roberto Khoury, a Global Branded Consumer Health Veteran, Appointed to Lead the Business DUBLIN, May 7, 2024 /PRNewswire/ -- Perrigo Company plc (NYSE: PRGO), a leading provider of Consumer Self-Care Products, today announced that Svend Andersen, Executive Vice President and President, Consumer Self-Care International (CSCI), intends to retire from the Company in December of this year. Roberto Khoury, a consumer self-care v ...
Insights Into Perrigo (PRGO) Q1: Wall Street Projections for Key Metrics
Zacks Investment Research· 2024-05-06 14:21
The upcoming report from Perrigo (PRGO) is expected to reveal quarterly earnings of $0.24 per share, indicating a decline of 46.7% compared to the year-ago period. Analysts forecast revenues of $1.09 billion, representing a decrease of 7.6% year over year.The current level reflects an upward revision of 0.6% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prior ...