Perrigo Co.
(PRGO) posted fiscal fourth-quarter adjusted earnings of 50 cents per share, topping the Zacks Consensus Estimate by nearly 9%.

Revenue expanded 7% to $508 million, primarily driven by the flagship Consumer Healthcare segment, which grew 8.5% to $407 million.

Meanwhile, the company expects earnings for the fiscal year ending June 2010 between $2.00 and $2.12 per share.

The guidance is higher than the Zacks Consensus Estimate of $2.00 per share, which has edged up a penny over the past month.

PRGO, a Zacks #3 Rank (“Hold”) stock, has advanced more than 5% on higher-than-usual volume of about 2.0 million, against the average daily volume of approximately 701,000.

“PRGO” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research