Perrigo Guides FY24 Well Below Estimates - Update

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Perrigo Guides FY24 Well Below Estimates - Update

(RTTNews) - While reporting financial results for the fourth quarter on Tuesday, consumer products company Perrigo Co. plc (PRGO) initiated its adjusted earnings, revenue and organic net sales growth guidance for the full-year 2024.

For fiscal 2024, the company now projects adjusted earnings in a range of $2.50 to $2.65 per share on flat net sales, with organic net sales growth of 1 to 3 percent.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $2.99 per share on revenue growth of 4.7 percent to $4.89 billion for the quarter. Analysts' estimates typically exclude special items.

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Perrigo Recalls Select CVS Health, H-E-B Baby Premium Infant Formula

Perrigo Recalls Select CVS Health, H-E-B Baby Premium Infant Formula

Perrigo Co. plc is recalling select Premium Infant Formula with Iron Milk-Based Powder sold under CVS Health and H-E-B Baby brands at the retailer and warehouse level citing elevated Vitamin D levels than permitted, according to the U.S. Food and Drug Administration. The recall involves three lots within one batch, or 16,500 cans, of store brand Premium Infant Formula with Iron Milk-Based Powder.
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Perrigo Appoints Patrick Lockwood-Taylor As President And CEO

Perrigo Appoints Patrick Lockwood-Taylor As President And CEO

Pharma company Perrigo Company plc (PRGO) announced Thursday the appointment of industry professional Patrick Lockwood-Taylor as its new President, Chief Executive Officer and member of the Board of Directors, effective June 30, 2023.
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European Markets Likely To Remain Lackluster Amid Thin Volumes

European Markets Likely To Remain Lackluster Amid Thin Volumes

Stock markets in France and U.K. will close early on Wednesday, while those in Germany and Switzerland will remain closed for Christmas Eve. In the European markets, where trading will take place on Wednesday, the volumes are likely to remain rather thin, and movements somewhat lackluster.
RTTNews | il y a 2h 18min
Asian Stocks Turning In Mixed Performance Ahead Of Holidays

Asian Stocks Turning In Mixed Performance Ahead Of Holidays

Asian stocks are turning in a mixed performance on Wednesday, and trading volumes or thin in most of the markets in the region with several markets set to close early today and remain shut tomorrow for Christmas.
RTTNews | il y a 3h 48min