Warner Chilcott plc Earnings: Everything You Must Know Now

Warner Chilcott plc (NASDAQ:WCRX) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

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Warner Chilcott plc Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 4.21% to $0.91 in the quarter versus EPS of $0.95 in the year-earlier quarter.

Revenue: Decreased 5.24% to $612 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Warner Chilcott plc reported adjusted EPS income of $0.91 per share. By that measure, the company beat the mean analyst estimate of $0.73. It beat the average revenue estimate of $565.21 million.

Quoting Management: “Gibraltar delivered stronger financial results in 2012 than it did in 2011, and we are confident that we can extend this record of bottom-line growth during the year ahead,” said Lipke. “This confidence is based on four factors. First, we are becoming increasingly optimistic about the sustainability of the positive trends we are currently seeing in the majority of our end markets. As a result, we expect the leverage we have on a lower cost structure to result in expanded margins and improved profitability. Second, we will no longer be incurring the major restructuring charges related to our West Coast integration that we incurred this past year. Third, we completed three acquisitions in the fourth quarter of 2012, funded from our existing cash, which we expect to be accretive in 2013. And fourth, we will have the benefit of lower interest expense in 2013 as a result of the very successful bond refinancing we completed three weeks ago….In light of the progress we have made internally and the brighter end-market outlook, we are optimistic about Gibraltar’s prospects for growth on both the top and bottom lines in 2013.”

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