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Perrigo (PRGO) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
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For the quarter ended September 2024, Perrigo (PRGO - Free Report) reported revenue of $1.09 billion, down 3.2% over the same period last year. EPS came in at $0.81, compared to $0.64 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $1.11 billion, representing a surprise of -2.43%. The company delivered an EPS surprise of -1.22%, with the consensus EPS estimate being $0.82.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Perrigo performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Sales- Consumer Self-Care Americas (CSCA): $671 million versus $691.49 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -4.6% change.
Net Sales- Consumer Self-Care International (CSCI): $416 million compared to the $422.34 million average estimate based on three analysts. The reported number represents a change of -1% year over year.
Net Sales- CSCA- Oral care: $66.90 million versus the two-analyst average estimate of $74.41 million. The reported number represents a year-over-year change of -12.6%.
Net Sales- CSCA- Nutrition: $127.10 million compared to the $128.51 million average estimate based on two analysts. The reported number represents a change of -2.8% year over year.
Net Sales- CSCA- Healthy Lifestyle: $80.90 million compared to the $79.40 million average estimate based on two analysts. The reported number represents a change of +1.9% year over year.
Net Sales- CSCA- Upper Respiratory: $120.90 million versus the two-analyst average estimate of $113.28 million. The reported number represents a year-over-year change of -7.1%.
Gross Profit- Consumer Self-Care International- Adjusted (CSCI): $185 million compared to the $228.90 million average estimate based on three analysts.
Gross Profit- Consumer Self-Care Americas- Adjusted (CSCA): $221 million versus $229.45 million estimated by three analysts on average.
Shares of Perrigo have returned +3.6% over the past month versus the Zacks S&P 500 composite's +0.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Perrigo (PRGO) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
For the quarter ended September 2024, Perrigo (PRGO - Free Report) reported revenue of $1.09 billion, down 3.2% over the same period last year. EPS came in at $0.81, compared to $0.64 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $1.11 billion, representing a surprise of -2.43%. The company delivered an EPS surprise of -1.22%, with the consensus EPS estimate being $0.82.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Perrigo performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Sales- Consumer Self-Care Americas (CSCA): $671 million versus $691.49 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -4.6% change.
- Net Sales- Consumer Self-Care International (CSCI): $416 million compared to the $422.34 million average estimate based on three analysts. The reported number represents a change of -1% year over year.
- Net Sales- CSCA- Oral care: $66.90 million versus the two-analyst average estimate of $74.41 million. The reported number represents a year-over-year change of -12.6%.
- Net Sales- CSCA- Nutrition: $127.10 million compared to the $128.51 million average estimate based on two analysts. The reported number represents a change of -2.8% year over year.
- Net Sales- CSCA- Healthy Lifestyle: $80.90 million compared to the $79.40 million average estimate based on two analysts. The reported number represents a change of +1.9% year over year.
- Net Sales- CSCA- Upper Respiratory: $120.90 million versus the two-analyst average estimate of $113.28 million. The reported number represents a year-over-year change of -7.1%.
- Gross Profit- Consumer Self-Care International- Adjusted (CSCI): $185 million compared to the $228.90 million average estimate based on three analysts.
- Gross Profit- Consumer Self-Care Americas- Adjusted (CSCA): $221 million versus $229.45 million estimated by three analysts on average.
View all Key Company Metrics for Perrigo here>>>Shares of Perrigo have returned +3.6% over the past month versus the Zacks S&P 500 composite's +0.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.