Allergan Q1 Earnings Beat Street; Guidance Raised

By | May 7, 2014

Scalper1 News

Embattled specialty drugmaker Allergan (AGN) beat Wall Street’s Q1 estimates and raised its guidance Wednesday, but shares remained flat in the stock market today. Allergan reported earnings of $1.18 a share, up 20% from the year-earlier quarter and beating analysts’ consensus by 5 cents. Sales rose 13% to $1.62 billion, in line with estimates. Guidance followed a similar pattern. For the full year, the company set a sales range of $6.78 billion Scalper1 News

Scalper1 News