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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.