Core Viewpoint - Wall Street analysts forecast that Perrigo (PRGO) will report quarterly earnings of 1.2 billion, marking a 3.3% increase compared to the previous year [1]. Earnings Projections - The consensus EPS estimate has been revised downward by 4.4% in the past 30 days, indicating a reassessment by covering analysts [2]. - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3]. Revenue Estimates - Analysts expect 'Net Sales- Consumer Self-Care Americas (CSCA)' to be 422.82 million, indicating a 2.5% year-over-year change [5]. - 'Net Sales- CSCA- Oral care' is expected to be 147.32 million, showing a significant increase of 15.3% year-over-year [6]. - 'Net Sales- CSCA- Healthy Lifestyle' is projected to be 419.08 million, reflecting a 7.5% year-over-year increase [7]. - 'Geographic Revenue- U.S.' is projected at 40.37 million, indicating a substantial increase of 52.3% year-over-year [8]. Profit Estimates - 'Gross Profit- Consumer Self-Care International- Adjusted (CSCI)' is expected to be 206.30 million in the same quarter last year [8]. - 'Gross Profit- Consumer Self-Care Americas- Adjusted (CSCA)' is projected at 253.90 million from the previous year [9]. Market Performance - Shares of Perrigo have shown a return of +0.4% over the past month, contrasting with the Zacks S&P 500 composite's -1.8% change [10].
Countdown to Perrigo (PRGO) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS