Mallinckrodt plc Reports Financial Results For Fiscal 2015 Fourth Quarter and Full Year

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Guggenheim Remains Positive on Mallinckrodt (MNK) Post 4Q Beat

November 23, 2015 10:37 AM EST

Guggenheim maintained a Buy rating and $130.00 price target on Mallinckrodt plc (NYSE: MNK) following the company's 4Q earnings report. MNK reported F4Q15 EPS of $1.84, $0.09 higher than consensus. Management reaffirmed its F'16 EPS guidance of $7.70 to $8.20 compared to consensus of $7.91.

Analyst Louise... More

Mallinckrodt (MNK) Tops Q4 EPS by 7c

November 23, 2015 6:07 AM EST

Mallinckrodt (NYSE: MNK) reported Q4 EPS of $1.84, $0.07 better than the analyst estimate of $1.77. Revenue for the quarter came in at $882.4 million versus the consensus estimate of $871.45 million.

"2015 was another pivotal year for Mallinckrodt. We were particularly pleased that fourth quarter and... More