Allergan: 3Q Earnings Snapshot

November 5, 2019 GMT

DUBLIN (AP) — Allergan PLC (AGN) on Tuesday reported a loss of $786.8 million in its third quarter.

The Dublin-based company said it had a loss of $2.40 per share. Earnings, adjusted for one-time gains and costs, were $4.25 per share.

The results matched Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of $4.25 per share.

The Botox maker posted revenue of $4.05 billion in the period, surpassing Street forecasts. Six analysts surveyed by Zacks expected $3.89 billion.

Allergan expects full-year revenue in the range of $15.63 billion to $15.83 billion.

Allergan shares have increased 34% since the beginning of the year, while the Standard & Poor’s 500 index has risen 23%. The stock has climbed nearly 10% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AGN at https://www.zacks.com/ap/AGN