Health and Healthcare
How Far Analysts Bailed on Endo
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Endo International PLC (NASDAQ: ENDP) reported its first-quarter financial results after the markets closed on Thursday. The company vastly underwhelmed with earnings, and analysts definitely had something to say about it, with the stock dropping by about 40%.
24/7 Wall St. has included some highlights from the earnings report, as well as what analysts are saying about Endo after the report.
The company posted $1.08 in earnings per share (EPS) on $963.5 million in revenue. Thomson Reuters consensus estimates had called for EPS of $1.05 on $964.4 million in revenue. In the same period of last year, the company reported $1.17 in EPS and revenue of $714.1 million.
In terms of guidance for the full year, the company expects to have EPS in the range of $4.50 to $4.80 and revenues in the range of $3.87 billion to $4.03 billion. The consensus estimates are $5.69 in EPS on $4.30 billion in revenue.
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