Valeant Pharma (VRX) Posts Mixed Q4

Valeant Pharma (NYSE: VRX) reported Q4 GAAP EPS of $1.45, which may not compare to the analyst estimate of $0.97. Revenue for the quarter came in at $2.16 billion versus the consensus estimate of $2.18 billion.

Adjusted EBITDA (non-GAAP) was $875 million for the fourth quarter of 2017, as compared to $1.047 billion for the fourth quarter of 2016, a decrease of $172 million.

GUIDANCE:

• Valeant Pharma sees FY2018 revenue of $8.1-8.3 billion, versus the consensus of $8.39 billion.
• Full-Year Adjusted EBITDA (non-GAAP) in the range of $3.05 – $3.20 billion

For earnings history and earnings-related data on Valeant Pharma (VRX) click here.

You May Also Be Interested In

• AeroVironment restates quarterly financials, citing $89M goodwill error
• JPMorgan Starts ICICI Prudential Asset Management (ICICIAMC:IN) at Overweight
• Stifel Starts Victrex Plc. (VCT:LN) (VTXPF) at Buy