StocksMediumUpdated•Originally published 4 November 2026•Updated 4 November 2026•
1 min read
Perrigo Beats Q3 Profit Estimates While Lowering Full-Year Guidance
Key Facts
1Perrigo reported Q3 2026 results, noting improved operating results driven by its Three-S plan.
2The company updated its full-year 2026 outlook to reflect the infant formula divestiture and continued softness in Europe.
Perrigo reported non-GAAP earnings of $0.60 per share for the third quarter of 2026, beating analyst estimates by $0.07. According to a statement via PR Newswire, revenue reached $989 million, missing expectations by $6.9 million, as the company lowered its full-year guidance to account for the divestiture of its infant formula business.
PRGO closed at $15.7 on November 3, 2026, with the stock trading between a low of $15.39 and a high of $15.78 during the session. The results reflect operational gains from the Three-S plan and ongoing strategic simplification, despite continued softness in European consumer demand and retail market challenges.