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Endo: 1Q Earnings Snapshot

DUBLIN (AP) _ Endo International PLC (ENDP) on Thursday reported a loss of $18.6 million in its first quarter.

The Dublin-based company said it had a loss of 8 cents per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to 53 cents per share.

The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 42 cents per share.

The health care company posted revenue of $720.4 million in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $692.2 million.

Endo expects full-year earnings in the range of $2 to $2.25 per share, with revenue in the range of $2.76 billion to $2.96 billion.

Endo shares have increased 12% since the beginning of the year. The stock has risen 41% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ENDP at https://www.zacks.com/ap/ENDP