Allergan Inc. Bottom Line Drops 8% In Q2

(RTTNews) - Allergan Inc. (AGN) revealed a profit for second quarter that decreased compared to the same period last year.

The company said its earnings fell to $1.40 billion, or $3.35 per share. This was lower than $1.52 billion, or $3.67 per share, in last year's second quarter.

The company said revenue for the quarter rose 1.4% to $3.68 billion. This was up from $3.63 billion last year.

Allergan Inc. earnings at a glance:

-Earnings (Q2): $1.40 Bln. vs. $1.52 Bln. last year. -Earnings Decline (Y-o-Y): -7.9% -EPS (Q2): $3.35 vs. $3.67 last year. -EPS Decline (Y-o-Y): -8.7% -Revenue (Q2): $3.68 Bln vs. $3.63 Bln last year. -Revenue Change (Y-o-Y): 1.4%

-Guidance: Full year EPS guidance: $13.75 - $14.20 Full year revenue guidance: $14.65 - $14.90 Bln