Perrigo reported a second-quarter net income of $74.5 million, swinging from a loss of $8.4 million a year earlier, and reaffirmed its full-year 2026 outlook, sending shares up 11.21% in pre-market trading. Earnings per share were $0.53 compared to a loss per share of $0.06 last year, while adjusted earnings per share fell to $0.50 from $0.57. Net sales declined to $1.02 billion from $1.06 billion, and operating income dropped to $23.5 million from $45.4 million. The company expects full-year 2026 net sales growth to decline between 5.5% and 1.5%, with adjusted earnings per share in the range of $2.00 to $2.30.
Perrigo Company PLCSwings to profit and reaffirms FY26 outlook, driving shares up 11.21%.
