Endo International (NASDAQ:ENDP) reported its Q1 earnings results on Thursday, May 5, 2022 at 04:30 PM.
Here's what investors need to know about the announcement.
Earnings
Endo International beat estimated earnings by 50.0%, reporting an EPS of $0.66 versus an estimate of $0.44.
Revenue was down $65.66 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.17 which was followed by a 22.51% drop in the share price the next day.
Here's a look at Endo International's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.67 | 0.48 | 0.48 | |
| EPS Actual | 0.84 | 0.80 | 0.65 | 0.73 |
| Revenue Estimate | 731.40M | 669.71M | 661.86M | 668.65M |
| Revenue Actual | 789.43M | 772.03M | 713.83M | 717.92M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Endo International management provided guidance for Q2 2022, expecting earnings between $-0.17 and $-0.15 per share.
To track all earnings releases for Endo International visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
