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DewDiligence

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DewDiligence

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Re: DewDiligence post# 19365

Wednesday, 11/06/2019 9:17:22 AM

Wednesday, November 06, 2019 9:17:22 AM

Post# of 30495
ELAN 3Q19 results:

https://investor.elanco.com/investors/press-releases/press-release-details/2019/Elanco-Animal-Health-Reports-Third-Quarter-Results/default.aspx

The upper bound of the 2019-guidance range for non-GAAP EPS was lowered slightly; the new non-GAAP EPS range is $1.04-1.08 (vs the prior range of $1.04-1.10).

3Q19 results and forward guidance do not include Bayer’s animal health business, which ELAN is in the process of acquiring (#msg-150629685).

The stock is -4% in PM trading.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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