Perrigo Guides FY24 Well Below Estimates - Update

RTTNews | 540 dni temu
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.
RTTNews | 376 dni temu
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.
RTTNews | 804 dni temu
Japan Manufacturing PMI Improves Top 49.9 - Jibun

Japan Manufacturing PMI Improves Top 49.9 - Jibun

The manufacturing sector in Japan continued to contract in August, although at a slower rate, the latest survey from Jibun Bank revealed on Thursday with a manufacturing PMI score of 49.9.
RTTNews | 4 minut temu
Soft Start Predicted For Taiwan Stock Market

Soft Start Predicted For Taiwan Stock Market

The Taiwan stock market has moved lower in two straight sessions, plunging more than 850 points or 3.8 percent along the way. The Taiwan Stock Exchange now sits just above the 23,625-point plateau and it's expected to at least open in the red again on Thursday.
RTTNews | 8 minut temu
Win Streak May End For Singapore Stock Market

Win Streak May End For Singapore Stock Market

The Singapore stock market has moved higher in back-to-back sessions, collecting more than 30 points or 0.7 percent along the way. The Straits Times Index now sits just beneath the 4,220-point plateau although it figures to run out of steam on Thursday.
RTTNews | 38 minut temu
Malaysia Bourse May Extend Wednesday's Losses

Malaysia Bourse May Extend Wednesday's Losses

The Malaysia stock market on Wednesday snapped the two-day winning streak in which it had picked up almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,590-point plateau and the losses may accelerate on Thursday.
RTTNews | 1g 8 minut temu