Endo Health Solutions' (ENDP) Thursday reported a fourth-quarter net loss of $716.26 million, or $6.35 per share, compared to earnings of $36.59 million, or $0.30 per share, a year ago, while adjusted net income improved to $186.5 million, or $1.62 per share, from $168.1 million, or $1.40 per share last year.
Reported net loss included a massive asset impairment charge totaling $714.3 million.
However, total quarterly revenues fell slightly to $801.06 million, from the prior year's $803.40 million.
On average, 21 analysts polled by Thomson Reuters expected earnings per share of $1.55, and $807.98 million in revenue for the quarter. Analysts' estimates typically exclude one-time items.
For the full year 2013, Endo reaffirmed its guidance and continues to expect GAAP earnings per share between $2.22 and $2.52, and adjusted earnings per share between $4.40 and $4.70 on revenues around $2.80 billion and 2.95 billion. Analysts project earnings of $4.55 per share, on revenue of $2.92 billion for 2013.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.