Aug. 6 at 6:29 PM
$PRGO misses earnings and sales estimates — stock takes a hit! 📉
Perrigo reported Q2 EPS of 57 cents, up 7.5% year over year but falling short of the Zacks Consensus Estimate of 59 cents, and net sales of
$1.06B missed projections primarily due to exited businesses and product lines, partially offset by favorable currency movements. The company also lowered its sales guidance for 2025, citing challenging market conditions.
Full earnings breakdown here 👉 https://www.zacks.com/stock/news/2673887/perrigo-beats-on-q2-earnings-sales-stock-down-on-25-sales-view-cut?cid=sm-stocktwits-2-2673887-body-6488&ADID=SYND_STOCKTWITS_TWEET_2_2673887_BODY_6488