Here are the most recent earnings highlights for Elanco Animal Health Inc. (ELAN):
In the fourth quarter, Elanco registered losses amounting to $141 million, a considerable increase from last year's losses of $55 million during the same period. The earnings per share (EPS) also increased proportionately, standing at -$0.29 in quarter four as compared to -$0.11 in the corresponding period the previous year.
However, upon excluding some specific items, Elanco reported an adjusted profit of $39 million, translating to $0.08 per share. This fell short of analysts' projections, which were set at $0.11 per share.
On the revenue front, Elanco scored $1.035 billion in the fourth quarter, a marginal increase from the $985 million achieved in the same period last year.
