Perrigo Gears Up to Report Q4 Earnings: Here's What to Expect

Core Viewpoint - Perrigo Company plc (PRGO) is set to report its fourth-quarter and full-year 2024 results on February 27, with expectations of sales and earnings growth compared to the previous year [1] Group 1: Upcoming Results - The Zacks Consensus Estimate for Perrigo's sales is $1.20 billion and earnings at 92 cents per share, indicating an increase from the previous year [1] - Sales are expected to benefit from higher net price realization due to strategic price increases across both segments: Consumer Self Care Americas (CSCA) and Consumer Self Care International (CSCI) [2] - The sales estimates for CSCA are$767 million (Zacks Consensus) and $774 million (model estimate), while for CSCI, they are$423 million (Zacks Consensus) and $424 million (model estimate) [3] Group 2: Earnings Performance - Perrigo has shown a decent earnings performance over the last four quarters, beating estimates in three of those quarters and missing once, with an average surprise of 8.41% [4] - Year-to-date, Perrigo's shares have declined nearly 2%, contrasting with a 10% growth in the industry [4] Group 3: Earnings Prediction - The current model does not predict an earnings beat for Perrigo, as it has an Earnings ESP of -4.92%, with the Most Accurate Estimate at 87 cents per share, lower than the Zacks Consensus Estimate of 92 cents [6][7] - Perrigo holds a Zacks Rank of 4 (Sell), indicating a less favorable outlook compared to stocks with higher ranks [7]