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Results of Operations and Financial

On April 25, 2016, Perrigo Company plc (the Company) announced certain preliminary results for its first quarter ended April 2, 2016. Net sales for the quarter are expected to be $1.33 - $1.35 billion. Adjusted diluted EPS is expected to be $1.71 - $1.77 per share, assuming a tax rate of approximately 14%, based on preliminary estimates. These quarterly estimates, which are unaudited, are based on managements preliminary financial analysis.

The preliminary results include certain non-GAAP measures. A non-GAAP financial measure is defined as a numerical measure of a companys financial performance that excludes or includes amounts different than the most directly comparable measure calculated and presented in accordance with U.S. Generally Accepted Accounting Principles (GAAP) in the s tatements of income, balance sheets or statements of cash flows of the company. The Company has provided a reconciliation to the extent practicable for adjusted diluted earnings per share to the most directly comparable U.S. GAAP measure for this non-GAAP measure.

The Company adjusts for the items listed below when monitoring and evaluating the on-going financial results and trends of its business, and believesthat presenting operating results excluding these itemsis also useful for investors, sinceitprovides important insight into the Companys on-goingcore business operations on a normalized basis. Management uses adjusted financial data for planning and forecasting in future periods, including trending and analyzing the core operating performance of the Companys business from period to period without the effect of the non-core business items indicated. Management also uses adjusted financial data to prepare operating budgets and forecasts and to measure the Companys performance against those budgets and forecasts on a corporate and segment level.

Reconciling items to adjusted diluted earnings per share for the fiscal quarter ended April 2, 2016 include:

Acquisition-related amortization

Restructuring and related fees

Acquisition and integration-related fees

Equity method investment losses

Operating results related to held-for-sale businesses

Asset impairments*

Tax effect of non-GAAP adjustments, non-operational changes in deferred tax items and the effect of the use of tax attributes.

* In connection with the preparation of its financial statements for the quarter ended April 2, 2016, the Company identified indicators of impairment associated with certain indefinite-lived intangible assets within its Branded Consumer Healthcare business, previously Omega Pharma Invest N.V. which was acquired on March 30, 2015.The Company is in the process of assessing whether and to what extent an impairment exists and expects to complete its assessment and determine any impairment by May 12, 2016, the date the Company expects to announce earnings for the quarter and file its From 10-Q for the same period.At this time, the Company cannot estimate the range of the possible impairment and any such charges could be material and have a significant impact on the Companys financial results.

PERRIGO COMPANY PLC

RECONCILIATION OF NON-GAAP MEASURES

Preliminary Q1 2016 Reported Diluted EPS

1

$0.61 - $0.67

Adjustments:

Acquisition-related amortization

$1.13

Restructuring and related fees

0.06

Acquisition and integration-related expenses

0.03

Equity method investment losses

0.02

Operating results related to held-for-sale businesses

(0.01)

Tax effect of non-GAAP adjustments, non-operational changes in deferred tax items and the effect of the use of tax attributes

(0.13)

Preliminary Q1 2016 Adjusted Diluted EPS

$1.71 - $1.77

1

Does not reflect possible asset impairment described above.

Certain statements in this Current Report on Form 8-K are forward-looking statements. These statements relate to future events or the Companys future financial performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance or achievements of the Company or its industry to be materially different from those expressed or implied by any forward-looking statements. In some cases, forward-looking statements can be identified by terminology such as may, will, could, would, should, expect, plan, anticipate, intend, believe, estimate, predict, potential or other comparable terminology. The Company has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Company believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond the Companys control, including the timing, amount and cost of share repurchases, and the ability to execute and achieve the desired benefits of announced initiatives. These and other important factors, including those discussed under Risk Factors in the Companys Form 10-KT for the six-month period ended December 31, 2015, as well as the Companys subsequent filings with the SEC, may cause actual results, performance or achievements to differ materially from those expressed or implied by these forward-looking statements. The forward-looking statements in this Report are made only as of the date hereof, and unless otherwise required by applicable securities laws, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

The information in this Report is being furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in this Report shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

SIGNATURE

Pursuant to the requirement of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

(Registrant)

PERRIGO COMPANY PLC

By:

/s/ Todd W. Kingma

Dated:

Todd W. Kingma

Executive Vice President General Counsel and

Company Secretary

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Other recent filings from the company include the following:

Perrigo Company's Executive VP & CFO just cashed-in 2,776 options - April 14, 2016
Perrigo: Form, Schedule Or Registration Statement No Filing Party: Date Filed: - April 14, 2016
Perrigo: Form, Schedule Or Registration Statement No Filing Party: Date Filed: - April 14, 2016