Savvy Trades and Investments

[researcher59]

PRGO -4.24 to 22.38, selling off despite just a slight earnings miss and maintained guidance ....

briefing -

Perrigo misses by $0.02, misses on revs; reaffirms FY25 EPS guidance, revs guidance (26.62 ) :
Reports Q2 (Jun) earnings of $0.57 per share, excluding non-recurring items, $0.02 worse than the FactSet Consensus of $0.59; revenues fell 0.9% year/year to $1.06 bln vs the $1.08 bln FactSet Consensus.
Co reaffirms guidance for FY25, sees EPS of $2.90-3.10, excluding non-recurring items, vs. $3.04 FactSet Consensus; sees FY25 revs of ~$4.37-4.50 bln vs. $4.43 bln FactSet Consensus.