Elan Corp. plc (ELA.L,ELN) reported first-quarter profit of $63.3 million or $0.11 per share, compared to a loss of $31.8 million or $0.05 per share prior year. Net loss from continuing operations was $72.8 million or $0.12 per share, compared to a loss of $74.7 million or $0.13 per share last year. The company noted that the Elan's first-quarter net loss from continuing operations does not reflect any revenues or costs associated with Tysabri, as the results of Tysabri are included as a discontinued operation.
Analysts polled by Thomson Reuters expected the company to report profit of $0.05 per share for the quarter. Analysts' estimates typically exclude special items.
For comments and feedback contact: editorial@rttnews.com
Business News
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.