Perrigo Earnings Preview: Get Ahead of the Analysts

Perrigo (NASDAQ:PRGO) will report earnings before markets open on Thursday, August 15th. Perrigo Company manufactures store brand over-the-counter pharmaceutical products and also manufactures store brand nutritional products. The Company’s customers include major national and regional retail drug, supermarket, and mass merchandise chains such as Albertson’s, CVS, and Target, and major wholesalers such as Super Valu and McKesson.

Here is your Cheat Sheet to Perrigo Earnings:

Earnings Expectations: Analysts expect earnings of $1.56 per share on revenues of $1.00 billion. Currently, the company’s P/E ratio stands at 27.72.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.47 to a profit $1.51. For the current year, the average estimate is a profit of $5.63, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Perrigo has been performing on an annual basis:

Fiscal Year 2009 2010 2011 2012
Revenue ($) in millions 2,007 2,269 2,755 3,173
Diluted EPS ($) 1.54 2.41 3.63 4.27

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 831.77 769.81 882.96 919.83
Diluted EPS ($) 1.14 1.12 1.12 1.18

Past Performance:
Perrigo has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)