Perrigo Q3 adjusted EPS $0.64, revenue $1.1B; lowers FY23 sales guidance

PERRIGO Co plc

2023-Q3 EPS reported $0.14 revenue$3,498,700,000

GAAP EPS $0.11 vs -$0.39; adjusted EPS $0.64 vs $0.56, up 14.3% YoY.
Reported net sales +2.2% to $1.1B; organic net sales -1.2% on SKU prioritization.
Adjusted gross margin 39.5% (+300bps); operating cash flow $125M.
CSCA net sales -2.6%, CSCI +11.2% (organic +6.2%).
FY23 guidance: reported net sales growth 4-6% (prev 7-11%), adj. EPS $2.50-$2.60 (prev $2.50-$2.70).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

PERRIGO Co plc reported the third quarter ended September 30, 2023 results: revenue $1.1 billion, EPS $0.11.

Period: the third quarter ended September 30, 2023
Revenue: $1.1 billion
EPS: $0.11
Result: reported results

Exact text from the filing

Third quarter net sales of $1.1 billion grew 2.2% versus the prior year quarter.

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Source: SEC EDGAR

accession 0001585364-23-000139

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