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Will Endo (ENDP) Surprise This Earnings Season Again?

Endo International plc ENDP is scheduled to report second-quarter 2016 results on Aug 8, after the market closes. The company has been consistently beating earnings expectations. In fact, Endo’s earnings surpassed expectations in each of the last four quarters, with an average positive surprise of 4.46%.

In the last reported quarter, the company delivered a positive earnings surprise 2.86%. Will Endo be able to surpass expectations this time around as well? Let's see how things are shaping up for this announcement.

Factors Likely to Impact Q2 Results – Headwinds & More

At the time of announcing its first-quarter 2016 results, Endo provided a dismal guidance for 2016 due to several headwinds including greater-than-expected price erosion across the Generics sector, delays on regulatory actions related to certain Endo products and an earlier-than-expected generic entrant for Voltaren Gel.

The company expects revenues in the range of $3.87 billion to $4.03 billion (old guidance: $4.32–$4.52 billion) and earnings in the range of $4.50 to $4.80 per share (old guidance: $5.85–$6.20). The company expects approximately 46% of revenues and 39% of earnings to come in the first half of 2016.

However, it anticipates revenues and earnings to pick up in the...