$0.47 Earnings Per Share Expected for Endo International PLC (NASDAQ:ENDP) This Quarter

Equities research analysts expect that Endo International PLC (NASDAQ:ENDP) (TSE:ENL) will announce earnings of $0.47 per share for the current quarter, Zacks reports. Six analysts have issued estimates for Endo International’s earnings. The lowest EPS estimate is $0.40 and the highest is $0.52. Endo International posted earnings per share of $0.76 in the same quarter last year, which would suggest a negative year-over-year growth rate of 38.2%. The business is expected to issue its next earnings results on Wednesday, August 14th.

According to Zacks, analysts expect that Endo International will report full-year earnings of $2.17 per share for the current financial year, with EPS estimates ranging from $2.10 to $2.25. For the next year, analysts anticipate that the company will report earnings of $2.41 per share, with EPS estimates ranging from $1.72 to $3.15. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that that provide coverage for Endo International.

Endo International (NASDAQ:ENDP) (TSE:ENL) last posted its quarterly earnings results on Thursday, May 9th. The company reported $0.53 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.42 by $0.11. The business had revenue of $720.00 million during the quarter, compared to the consensus estimate of $692.31 million. Endo International had a negative net margin of 18.35% and a negative return on equity of 199.18%. The company’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.67 earnings per share.

Several research firms have commented on ENDP. Piper Jaffray Companies restated a “hold” rating on shares of Endo International in a research note on Friday, March 1st. Zacks Investment Research upgraded shares of Endo International from a “sell” rating to a “hold” rating in a research note on Tuesday, February 26th. Leerink Swann downgraded shares of Endo International from an “outperform” rating to a “market perform” rating in a research note on Tuesday, March 5th. SunTrust Banks began coverage on shares of Endo International in a research note on Tuesday, March 19th. They issued a “buy” rating and a $13.00 price target for the company. Finally, BidaskClub raised shares of Endo International from a “hold” rating to a “buy” rating in a research report on Thursday, March 21st. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have issued a buy rating to the stock. Endo International has an average rating of “Hold” and an average price target of $13.57.

Institutional investors have recently added to or reduced their stakes in the company. Oregon Public Employees Retirement Fund raised its holdings in shares of Endo International by 1.8% in the first quarter. Oregon Public Employees Retirement Fund now owns 77,330 shares of the company’s stock valued at $621,000 after buying an additional 1,397 shares during the last quarter. Piedmont Investment Advisors Inc. lifted its holdings in shares of Endo International by 3.5% in the fourth quarter. Piedmont Investment Advisors Inc. now owns 47,942 shares of the company’s stock valued at $350,000 after purchasing an additional 1,607 shares in the last quarter. Mason Street Advisors LLC lifted its holdings in shares of Endo International by 3.4% in the first quarter. Mason Street Advisors LLC now owns 64,141 shares of the company’s stock valued at $515,000 after purchasing an additional 2,134 shares in the last quarter. Neuburgh Advisers LLC lifted its holdings in shares of Endo International by 13.9% in the fourth quarter. Neuburgh Advisers LLC now owns 24,860 shares of the company’s stock valued at $181,000 after purchasing an additional 3,036 shares in the last quarter. Finally, Comerica Bank lifted its holdings in shares of Endo International by 2.1% in the first quarter. Comerica Bank now owns 198,605 shares of the company’s stock valued at $1,650,000 after purchasing an additional 4,001 shares in the last quarter. 93.59% of the stock is owned by institutional investors and hedge funds.

Shares of NASDAQ:ENDP traded down $0.42 during trading on Friday, hitting $4.05. The company’s stock had a trading volume of 4,215,375 shares, compared to its average volume of 4,043,536. The company has a market cap of $916.04 million, a price-to-earnings ratio of 1.40 and a beta of 1.35. Endo International has a fifty-two week low of $4.02 and a fifty-two week high of $18.50.

Endo International Company Profile

Endo International plc, a specialty pharmaceutical company, manufactures and sells generic and branded pharmaceuticals in the United States, Canada, and internationally. The company operates through three segments: U.S. Generic Pharmaceuticals, U.S. Branded Pharmaceuticals, and International Pharmaceuticals.

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Earnings History and Estimates for Endo International (NASDAQ:ENDP)

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