Allergan AGN announces its next round of earnings this Tuesday, Jan. 29. Here is Benzinga's everything-that-matters guide for the Q4 earnings announcement.
Earnings and Revenue
Wall Street expects EPS of $4.15 and sales around $4.00 billion.
Allergan reported a per-share profit of $4.86 when it published results during the same quarter last year. Sales in that period totaled $4.33 billion. The analyst consensus estimate would represent a 14.61 percent decrease in the company's earnings. Revenue would be down 7.54 percent on a year-over-year basis. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
EPS Estimate | 4.02 | 4.12 | 3.36 | 4.73 |
EPS Actual | 4.25 | 4.42 | 3.74 | 4.86 |
Stock Performance
Over the last 52-week period, shares are down 13.96 percent. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. The average rating by analysts on Allergan stock is a Neutral. The validity of this rating has maintained conviction over the past 90 days.
Conference Call
Allergan's Q4 conference call is scheduled to begin at 8:30 a.m. ET and can be accessed here: https://edge.media-server.com/m6/p/ws8rp2uc
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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