Healthcare | Drugs - Generic | USA
Allergan Tumbles After Swinging to Fourth-Quarter Loss
Botox maker reports a fourth-quarter loss of $4.3 billion, a reversal from a year-earlier profit of $3.05 billion.^
Allergan PLC (AGN - Get Report) fell 7.8% Tuesday after the pharmaceuticals giant reported a $4.3 billion loss in the fourth quarter, a reversal from a year-earlier profit of $3.05 billion.
The Dublin-based maker of Botox and other specialty medications and procedures shed as much as $11.28, or 8.8%, to $144.75 after the firm posted a loss of $12.83 a share for the quarter. Adjusted for one-time gains and costs, the company posted per-share earnings of $4.29 a share, above analysts' expectations of $4.15.
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https://www.thestreet.com/investing/alle...yptr=yahoo
Allergan Tumbles After Swinging to Fourth-Quarter Loss
Botox maker reports a fourth-quarter loss of $4.3 billion, a reversal from a year-earlier profit of $3.05 billion.^
Allergan PLC (AGN - Get Report) fell 7.8% Tuesday after the pharmaceuticals giant reported a $4.3 billion loss in the fourth quarter, a reversal from a year-earlier profit of $3.05 billion.
The Dublin-based maker of Botox and other specialty medications and procedures shed as much as $11.28, or 8.8%, to $144.75 after the firm posted a loss of $12.83 a share for the quarter. Adjusted for one-time gains and costs, the company posted per-share earnings of $4.29 a share, above analysts' expectations of $4.15.
..
https://www.thestreet.com/investing/alle...yptr=yahoo