DUBLIN (AP) — DUBLIN (AP) — Perrigo Co. (PRGO) on Wednesday reported a loss of $8.4 million in its second quarter.
On a per-share basis, the Dublin-based company said it had a loss of 6 cents. Earnings, adjusted for amortization costs and restructuring costs, came to 57 cents per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 59 cents per share.
The drug company posted revenue of $1.06 billion in the period, which also did not meet Street forecasts. Three analysts surveyed by Zacks expected $1.08 billion.
Perrigo expects full-year earnings in the range of $2.90 to $3.10 per share.
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