Mylan Reports Q2 Earnings Beat

Mylan (NASDAQ:MYL) reported second-quarter earnings of $1.03 per share, which beat the analyst consensus estimate of 94 cents. This is a 3.74% decrease over earnings of $1.07 per share from the same period last year.

The company reported quarterly sales of $2.85 billion, which beat the analyst consensus estimate of $2.82 billion. This is a 1.50% increase over sales of $2.808 billion the same period last year.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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See Also: Mylan, Pfizer's Upjohn To Merge And Create New Company

"Mylan's second quarter performance was strong as we delivered or exceeded on expectations across all financial metrics. In addition, based upon our strong execution against our plan, we remain on track to deliver on our 2019 guidance," said Mylan CEO Heather Bresch.

Mylan shares were trading up 15% at $21.37 in Monday’s pre-market session. The stock has a 52-week high of $39.59 and a 52-week low of $16.63.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: EarningsNews