Perrigo Co. Profit Climbs 38% In Q3

(RTTNews) - Perrigo Co. (PRGO) announced earnings for its third quarter that advanced from last year.

The company said its bottom line climbed to $258.3 million, or $1.76 per share. This was up from $187.5 million, or $1.40 per share, in last year's third quarter.

Analysts had expected the company to earn $1.73 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 41.1% to $1.34 billion. This was up from $0.95 billion last year.

Perrigo Co. earnings at a glance:

-Earnings (Q3): $258.3 Mln. vs. $187.5 Mln. last year. -Earnings Growth (Y-o-Y): 37.8% -EPS (Q3): $1.76 vs. $1.40 last year. -EPS Growth (Y-o-Y): 25.7% -Analysts Estimate: $1.73 -Revenue (Q3): $1.34 Bln vs. $0.95 Bln last year. -Revenue Change (Y-o-Y): 41.1%

-Guidance: Full year EPS guidance: $7.65 - $7.85