18.02.2015 12:52:26
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Actavis Q4 Profit Tops Estimates - Quick Facts
(RTTNews) - Actavis plc (ACT) reported a fourth-quarter net loss to shareholders of $732.9 million or $2.76 per share, compared to a loss of $148.4 million or $0.86 per share, prior year. Adjusted net income to shareholders was $1.05 billion or $3.91 per share, for the quarter.
On average, 21 analysts polled by Thomson Reuters expected the company to report profit per share of $3.67 for the quarter. Analysts' estimates typically exclude special items.
Revenue increased to $4.06 billion from $2.78 billion last year. Non-GAAP net revenue increased 44 percent to $4.01 billion. Analysts expected revenue of $3.84 billion for the quarter.
For 2015, on a standalone basis, the company expects: total net revenue to be approximately $15 billion; and Non-GAAP earnings per share to be between $16.30 and $17.30. Analysts expect the company to report 2015 earnings per share of $16.63 on revenue of $15.60 billion.
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