Mylan MYL announces its next round of earnings Wednesday. Here is Benzinga's everything-that-matters guide for today's Q4 earnings announcement.
Earnings and Revenue
Analysts expect Mylan earnings of $1.42. Revenue will likely be around $3.31 billion, according to the consensus estimate.
Mylan earnings in the same period a year ago were $1.57. Quarterly sales came in at $3.26 billion. The analyst consensus estimate would represent a 9.55 percent decrease in the company's earnings. Sales would be up 1.29 percent from the year-ago period.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
EPS Estimate | 1.2 | 1.17 | 0.95 | 1.43 |
EPS Actual | 1.1 | 1.1 | 0.93 | 1.57 |
Stock Performance
Over the last 52-week period, shares are down 0.9 percent. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analyst estimates have adjusted lower for EPS and revenues over the past 90 days. The most common rating by analysts on Mylan stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Mylan's Q4 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here.
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