Health

Phibro: Fiscal Q3 Earnings Snapshot


TEANECK, N.J. (AP) _ Phibro Animal Health Corp. (PAHC) on Thursday reported fiscal third-quarter net income of $12.2 million.

On a per-share basis, the Teaneck, New Jersey-based company said it had net income of 30 cents. Earnings, adjusted for non-recurring costs, came to 34 cents per share.

The maker of animal health products and nutritional supplements posted revenue of $211.7 million in the period.

For the current quarter ending in June, Phibro expects its per-share earnings to range from 30 cents to 32 cents.

The company said it expects revenue in the range of $213 million to $217 million for the fiscal fourth quarter.

Phibro expects full-year earnings in the range of $1.25 to $1.27 per share, with revenue ranging from $826.1 million to $830.1 million.

Phibro shares have increased 33% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $25.82, an increase of 9% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PAHC at https://www.zacks.com/ap/PAHC

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