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

Editors Pick
Justin Sun, the entrepreneur who founded the cryptocurrency platform TRON, has postponed his charity lunch with billionaire investor Warren Buffett due to ill health. "TRON Foundation announces postponement of Warren Buffett lunch, press conferences after founder Justin Sun falls ill with kidney stones.... Mountain Rose Herbs has recalled one lot of Fennel Seed Whole after the company found salmonella in part of its inventory. The Eugene, Oregon-based company has recalled all sizes ranging from 4 oz. to 50 lbs. of its Fennel Seed Whole, Lot #25031, because they have the potential to be contaminated... The U.S. Food and Drug Administration announced the suspension of the food facility registration of seafood producer Topway Enterprises Inc., also doing business as Kazy's Gourmet, following repeated food safety violations. From now, Topway will not be able to sell or distribute any food products.
Follow RTT