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Here's Why Endo Int'l (ENDP) Stock is Taking a Hit Today

NEW YORK (TheStreet) -- Endo International (ENDP - Get Report) shares are falling 1.27% to $60.48 on Wednesday as analysts anticipate that the company will report a year-over-year decline in earnings.

For the latest quarter, projections are earnings of 99 cents a share on revenue of $736.16 million.

These are less than what the company earned during the same quarter the year before, when earnings came in at $1.15 a share on revenue of $763.9 million.

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Despite weak forecasts, the company's generic business in the U.S. is expected to do well due to strong demand and launch of new products, according to Zacks Equity Research.

Based in Dublin, Endo is a specialty healthcare company, focuses on branded and generic pharmaceuticals and devices worldwide.

Separately, TheStreet Ratings team rates ENDO INTERNATIONAL PLC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:

We rate ENDO...