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Tuesday, August 2, 2016

Mallinckrodt (MNK) reported earnings on Tue 2 Aug 2016 (b/o)

** charts before earnings **


  






** charts after earnings **







Mallinckrodt plc beats by $0.19, beats on revs; raises FY16 EPS guidance :
  • Reports Q3 (Jun) earnings of $2.20 per share, excluding non-recurring items, $0.19 better than the Capital IQ Consensus of $2.01; revenues rose 0.6% year/year to $970.6 mln vs the $921.82 mln Capital IQ Consensus.
  • Co raises guidance for FY16, sees EPS of $8.50-8.80 (prior $8.15-8.50), excluding non-recurring items, vs. $8.28 Capital IQ Consensus Estimate.

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