Perrigo Q2 beat lifts generics
Seeking Alpha
Published Aug 10, 2017 10:30AM ET
Perrigo Q2 beat lifts generics
- Battered and bruised investors in (most) generic drug makers are getting a welcome reprieve this morning after Perrigo (PRGO +18.9%) posted better-than-expected Q2 results and raised its outlook for non-GAAP EPS.
- Selected tickers: (VRX +0.7%)(TEVA +1%)(AKRX +0.1%)(RDY -4.9%)(EGRX -0.2%)(ANIP +0.6%)(LCI -1.2%)(MYL +1.7%)
- Previously: Perrigo beats by $0.29, beats on revenue (Aug. 10)
- Previously: Perrigo Q2 top line down 8%; non-GAAP earnings down 5%; cash flow up 24%; non-GAAP EPS guidance raised; shares up 11% premarket (Aug. 10)
- Now read: Galapagos' IPF candidate GLPG1690 halts disease progression in mid-stage study; shares ahead 22% premarket
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