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Allergan Posts Better-Than-Expected Second Quarter Earnings

Allergan plc (AGN) reported second quarter earnings per share of $4.02 on Thursday, Aug. 3.

Analysts surveyed by FactSet expected Allergan to earn $3.92 per share in the second quarter.

Allergan stock traded relatively flat around $251.06 on Thursday.

The company reported revenue of $4 billion, jumping 8.8% from the second quarter of 2016. Allergan said the increase was driven by strong performance in its Botox, Juvederm and CoolSculpting products.

This was offset by lower revenue from products...