Elanco projects Q4 adjusted EPS between 9c and 12c, below consensus estimate of 14c.
Q4 Revenue Forecast: Elanco anticipates Q4 revenue between $1.09B and $1.11B, slightly above the consensus estimate of $1.08B.
Adjusted EBITDA Expectations: The company projects adjusted EBITDA for Q4 to be in the range of $168M to $188M.
Impact of Foreign Exchange: Elanco expects a revenue boost of approximately $10 million due to favorable foreign exchange rates compared to the previous year.
Organic Growth and Expenses: Excluding foreign exchange and royalty impacts, the company forecasts 4% to 6% organic constant currency revenue growth, while operating expenses are expected to rise by about 10% year over year.
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