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.
Warner Chilcott plc Earnings Cheat Sheet
Results: Adjusted Earnings Per Share decreased 20.69% to $0.92 in the quarter versus EPS of $1.16 in the year-earlier quarter.
Revenue: Decreased 13.43% to $593 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Warner Chilcott plc reported adjusted EPS income of $0.92 per share. By that measure, the company beat the mean analyst estimate of $0.85. It beat the average revenue estimate of $588.06 million.
Quoting Management: There was no comment from management.
Key Stats (on next page)…
Revenue decreased 3.1% from $612 million in the previous quarter. EPS increased 1.1% from $0.91 in the previous quarter.
Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.90 to a profit $0.82. For the current year, the average estimate has moved down from a profit of $3.59 to a profit of $3.30 over the last ninety days.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)