We’re Leaving Perrigo’s Fair Value Estimate Unchanged as It Delays Earnings Release
Perrigo announced limited fourth-quarter results as management delays release of its final year-end earnings to allow for additional time to review income tax procedures for non-cash items. The company did attain year-end net sales of $4.9 billion and about $600 million in operating income ($1 billion adjusted operating income), which generally match our expectations. Furthermore, $2.4 billion, $1.5 billion, and $970 million in the Americas consumer health, international consumer healthy, and pr...
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