Warner Chilcott Profit Doubles In Q2 - Quick Facts

(RTTNews) - Warner Chilcott Plc (WCRX) Wednesday reported second-quarter profit of $108 million or $0.43 per share, up from $53 million or $0.21 per share in the same period last year.

Adjusted CNI was $232 million or $0.92 per share. On average, 16 analysts polled by Thomson Reuters expected the company to earn $0.85 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues dropped 4 percent to $613 million from $638 million last year. Analysts expected revenues of $598.23 million.

Looking ahead, the company has lifted its CNI earnings outlook to a range of $3.30 to $3.40 per share. This compares to the previous guidance range of $3.20 to $3.30 per share.

The company continues to target revenues in the order of $2.30 to 2.40 billion. Analysts currently expect the company to report full-year earnings of $3.35 per share on revenues of $2.36 billion.