Friday, March 17, 2017

Patheon (PTHN) Dropped To A 6-Week Low After Weak Q1 Report

Patheon (PTHN) reported first quarter adjusted net income from continuing operations of $0.14 per share Thursday morning, compared to the loss of $0.08 per share last year. Analysts expected EPS of $0.23. Full year 2017 adjusted EPS is expected to be between $1.05 and $1.20, down from prior expectations of $1.37 to $1.51.

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