Analysts surveyed by FactSet are looking for the Dublin-based pharmaceutical company to post adjusted earnings of $3.56 per share on revenue of $3.71 billion for the quarter.
In the same period last year, Allergan reported adjusted earnings of $3.48 per share on revenue of $4.09 billion.
Barclays said yesterday that the Allergan has a number of durable growth assets like its Botox drug.
But the company also has many "mature" assets, the firm noted, adding that Wall Street's estimates for growth in 2017 and 2018 are too high.
The firm reinstated coverage of the stock with an "equal weight" rating and $250 price target.
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Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
TheStreet Ratings rated this stock as a "hold" with a ratings score of C.
The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and a generally disappointing performance in the stock itself.