Earning Alert - Forest Labs (FRX) shares are -7.5% after it cuts its FY 2013 EPS guidance to $0.65-$0.80, well below consensus of $1 - 6/11/12

Forest Labs (FRX) shares are -7.5% after it cuts its FY 2013 EPS guidance to $0.65-$0.80, well below consensus of $1. Forest Labs cited sharply lower-than-expected sales of its Lexapro treatment following the expiration of the drug's patent in March this year.

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