Warner Chilcott Sees Fiscal 2011 In-Line With Wall Street's View

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Published February 15, 2011

| FOXBusiness

Helped by the introduction of new products, women’s health-care company Warner Chilcott (WCRX) expects to book a fiscal 2011 profit in line with Wall Street estimates.

The specialty pharmaceutical company sees full-year earnings in the range of $3.45 to $3.55 a share, meeting average analyst estimates polled by Thomson Reuters of $3.50 a share.

The Dublin-based company anticipates revenue in the range of $2.7 billion to $2.8 billion, in line with the Street’s view of $2.77 billion.

The outlook reflects its November warnings of a “dramatic decline” in sales of Actonel in Western Europe, partially offset by strong anticipated growth of promoted products in the U.S., including two launched last month.

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http://www.foxbusiness.com/markets/2011/02/15/warner-chilcott-sees-earnings-line-wall-street/