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Jazz: 4Q Earnings Snapshot

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DUBLIN (AP) _ Jazz Pharmaceuticals PLC (JAZZ) on Tuesday reported fourth-quarter profit of $133.4 million.

The Dublin-based company said it had net income of $2.33 per share. Earnings, adjusted for one-time gains and costs, were $4 per share.

The results fell short of Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $4.10 per share.

The drugmaker posted revenue of $665.5 million in the period, surpassing Street forecasts. Seven analysts surveyed by Zacks expected $637.8 million.

For the year, the company reported profit of $238.6 million, or $4.22 per share. Revenue was reported as $2.36 billion.

Jazz expects full-year earnings in the range of $15.65 to $16.85 per share, with revenue in the range of $2.55 billion to $2.7 billion.

Jazz shares have dropped almost 5% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $157.47, a rise of 20% in the last 12 months.

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