Dr Reddy's Laboratories Q1 EPS $0.06 Misses $0.17 Estimate, Sales $853.000M Miss $925.530M Estimate
Dr Reddy's Laboratories (NYSE:RDY) reported quarterly earnings of $0.06 per share which missed the analyst consensus estimate of $0.17 by 64.71 percent. This is a 70 percent decrease over earnings of $0.20 per share
Dr Reddy's made way less money than people expected this quarter—both their profits and sales fell short of what analysts predicted. When a company misses by this much, it's a sign to watch whether their business is struggling or if it's just a temporary bump.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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