Forest Laboratories Inc.'s (FRX) third-quarter net income stood at $210.23 million compared with $187.97 million last year.
Third-quarter reported earnings per share increased to $0.69 from $0.62, while non-GAAP earnings per share decreased to $0.97 from $1.03 in the year earlier quarter. On average, 27 analysts polled by Thomson Reuters expected earnings per share of $0.86 for the quarter. Analysts' estimate typically excludes one-time items.
Net sales for the quarter grew 8.4% to $997.0 million from $920.01 million in the year-ago period. Eighteen analysts estimated revenues of $1.04 billion for the quarter.
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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.