Reuters logo
7 months ago
BRIEF-Allergan says expects to achieve double-digit non-GAAP EPS growth in 2017
January 5, 2017 / 12:49 PM / 7 months ago

BRIEF-Allergan says expects to achieve double-digit non-GAAP EPS growth in 2017

1 Min Read

Jan 5 (Reuters) - Allergan Plc

* Allergan to present at Goldman Sachs Healthcare CEOs unscripted conference and provides preliminary comments on 2017 outlook

* Expects to achieve double-digit non-GAAP earnings per share (EPS) growth in 2017

* Sees holding non-GAAP SG&A and non-GAAP research and development (research and development) expense growth below rate of net revenue growth

* For 2017, Allergan expects to deliver non-GAAP mid-single-digit top-line net revenue growth

* Sees potential for modest downward pressure on gross margin as partnered products contribute more significantly to company's growth in 2017

* Expects decreased interest expense as a result of continued debt pay down of contractual maturities and decreased weighted-average share in 2017

* FY2017 earnings per share view $16.04, revenue view $15.31 billion -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below