Perrigo Company expects 2023 non-GAAP EPS below consensus

Feb. 28, 2023 8:28 AM ETPerrigo Company plc (PRGO)By: Mary Christine Joy, SA News Editor
  • Perrigo Company (NYSE:PRGO) said its 2023 Non-GAAP EPS is expected to be between $2.50 - $2.70, vs. consensus of $2.72.
  • Reported EPS is expected to be in the range of $0.50 - $0.70.
  • The company is set to share its 2023 to 2025 strategic plan and financial objectives in the Feb. 28 Virtual Investor Day.
  • The company intends to reduce its net leverage to less than 3x adjusted EBITDA by 2025-end.
  • PRGO delivered constant currency net sales compound annual growth rate of 7% from 2018 to 2022.
  • Source: Press Release

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