logo
Plus   Neg
Share
Email

Endo International Guides Adj EPS Below Estimates - Quick Facts

While reporting financial results for the fourth quarter and full-year 2018 on Thursday, Endo International plc (ENDP) initiated earnings and revenue guidance for the full-year 2019.

For fiscal 2019, the company now projects adjusted earnings from continuing operations in a range of $2.00 to $2.25 per share on total revenues between $2.76 billion and $2.96 billion.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $2.66 per share on revenues of $2.92 billion for the year. Analysts' estimates typically exclude special items.

"We expect to further enhance our capabilities in these core growth areas as well as in the development of high-barrier generic products and we expect 2019 to be a critical transitional year as we progress to the next phase of our multi-year turnaround plan," said Paul Campanelli, President and Chief Executive Officer of Endo.

For comments and feedback contact: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Ford Motor Co. plans to invest $500 million in electric truck maker Rivian, the companies said Wednesday. They will also work together to develop an all-new battery electric vehicle for Ford using Rivian's skateboard platform. Ford's investment comes just months after Rivian revealed two new products, an all-electric pickup and SUV. AT&T Inc. (T) reported first-quarter adjusted earnings per share of $0.86 compared to $0.85, prior year. On average, 23 analysts polled by Thomson Reuters expected the company to report profit per share of $0.86 for the quarter. Analysts' estimates typically exclude special items. Adjusting for amortization,... Shares of Credit Suisse Group AG were gaining around 3 percent in Swiss trading after the banking major reported Wednesday higher profit in its first quarter, despite weak revenues. Looking ahead, the company said it is cautiously optimistic about its prospects for the second quarter of 2019. The company remains focused on increasing its returns over the course of 2019 and beyond.
Follow RTT