Benzinga | Jan 28, 2022 03:51AM EST

Taro Pharmaceutical: Q3 Earnings Insights



Taro Pharmaceutical Indus (NYSE:TARO) reported its Q3 earnings results on Thursday, January 27, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.



Earnings

Taro Pharmaceutical Indus missed estimated earnings by 23.08%, reporting an EPS of $0.7 versus an estimate of $0.91, which surprised analysts.

Revenue was up $1.15 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.36, which was followed by a 7.14% drop in the share price the next day.

Here's a look at Taro Pharmaceutical Indus's past performance:



Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021EPS Estimate 1.02 0.84 0.92 1.01EPS Actual 0.66 1.09 0.81 0.86Revenue Estimate 153.23M 137.23M 147.33M 152.63MRevenue Actual 131.99M 147.11M 148.35M 140.15M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.