TREE NEWS reports: Perrigo reported third-quarter net sales of $988.6 million, topping the $985 million estimate, with adjusted continuing-operations earnings per share of $0.60 versus $0.51 expected. The healthcare company guided full-year adjusted continuing-operations EPS to a range of $2.25 to $2.45.
Perrigo Q3 net sales $988.6M, adjusted EPS $0.60
The headline beat is modest on sales but wide on adjusted EPS, suggesting the margin story mattered more than volume this quarter. The full-year adjusted EPS range now becomes the anchor: it frames how much of the third-quarter outperformance management expects to carry through versus give back. What's worth watching is whether the sales line keeps pace with the earnings beat, since a repeat of that gap would point to cost-driven results rather than demand.
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