Perrigo Company plc Q2 adjusted earnings Beat Estimates

Perrigo Company plc (PRGO) revealed a profit for its second quarter that increased from the same period last year.

The company's profit totaled $60.6 million, or $0.44 per share. This compares with $9.0 million, or $0.07 per share, in last year's second quarter.

Excluding items, Perrigo Company plc reported adjusted earnings of $141.0 million or $1.03 per share for the period.

Analysts had expected the company to earn $0.88 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.1% to $1.22 billion from $1.15 billion last year.

Perrigo Company plc earnings at a glance:

-Earnings (Q2): $141.0 Mln. vs. $117.4 Mln. last year.
-EPS (Q2): $1.03 vs. $0.86 last year.
-Analysts Estimate: $0.88
-Revenue (Q2): $1.22 Bln vs. $1.15 Bln last year.

Full year EPS guidance: $3.95 to $4.15

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