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Perrigo Co. (NASDAQ:PRGO) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 22.66% to $1.57 in the quarter versus EPS of $1.28 in the year-earlier quarter. Revenue Rose 16.28% to $967.2 million from the year-earlier quarter.
Perrigo Co. reported adjusted EPS income of $1.57 per share. By that measure, the company beat the mean analyst estimate of $1.56. It missed the average revenue estimate of $999.08 million.