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Perrigo Reports First Quarter 2021 Financial Results From Continuing Operations


Perrigo Reports First Quarter 2021 Financial Results From Continuing Operations
Consumer Transformation Nearing Completion Ahead of Schedule
Rx Transaction On-Track to Close in Q3 21; Rx Segment Now Reported in Discontinued Operations
2021 Guidance Reaffirmed
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DUBLIN, May 11, 2021 /PRNewswire/  Perrigo Company plc (NYSE; TASE: PRGO), a leading global provider of Consumer Self-Care Products, today announced financial results from continuing operations for the first quarter of fiscal year 2021 ended April 3, 2021. The Consumer Self-Care Americas ( CSCA ) segment, the Consumer Self-Care International ( CSCI ) segment and Corporate are included in results from continuing operations. Financial results from the generic Rx pharmaceuticals business are reported as discontinued operations. All comparisons are against the prior-year fiscal first quarter, unless otherwise noted. ....

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Masco Corporation : Reports First Quarter 2021 Results


Sales increased 25 percent to $1,970 million; in local currency, sales increased 22 percent
Operating profit increased 62 percent to $365 million; adjusted operating profit increased 61 percent to $366 million
Operating margin increased 430 basis points to 18.5 percent; adjusted operating margin increased 420 basis points to 18.6 percent
Earnings per share from continuing operations decreased 29 percent to $0.34 per share; adjusted earnings per share from continuing operations increased 89 percent to $0.89 per share
Repurchased 5.5 million shares for $303 million
Anticipate 2021 earnings per share in the range of $1.52 - $1.72, and on an adjusted basis, in the range of $3.50 - $3.70, an increase from previously announced expectation of $3.25 - $3.45.
Masco Corporation (NYSE: MAS), one of the world’s leading manufacturers of branded home improvement and building products, reported its first quarter results. ....

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