Perrigo beats by $0.30, beats on revs; raises FY17 EPS above consensus
- Reports Q2 (Jun) earnings of $1.22 per share, $0.30 better than the Capital IQ Consensus of $0.92; revenues fell 7.7% year/year to $1.24 bln vs the $1.18 bln Capital IQ Consensus.
- Co issues upside guidancefor FY17, sees EPS of $4.45-4.70 vs. $4.28 Capital IQ Consensus Estimate, and above prior guidance of $4.15-4.50
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