Shire Q4 Earnings, Guidance Beat Street; CFO Quits

By | February 13, 2014

Scalper1 News

British drugmaker Shire (SHPG) beat Wall Street’s Q4 estimates Thursday morning and said its CFO will step down. Its shares were up nearly 1% in early trading in the stock market today, near 157 and hitting an all-time high for the sixth day in the past seven trading sessions. Shire’s profit rose 36% over the year-earlier quarter to $2.26 a share, beating consensus by 24 cents. Sales rose 12% to $1.33 billion, topping analysts’ $1.28 billion. The Scalper1 News

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