Mylan Volatile On Top- And Bottom-Line Miss

by Javier Hasse, Benzinga Editor

November 9, 2016 4:19 PM | 22 seconds read | Make a Comment

Mylan NV MYL reported Q3 EPS of $1.38, missing the Street’s consensus by $0.08.

Revenue of $3.06 billion also falls shorts of expectations for $3.12 billion.

Management guided for fiscal 2016 adjusted EPS of $4.70 to $4.90, in line with estimates of $4.79

The company also said it envisions fiscal 2018 adjusted EPS of $6.00

Shares are highly volatile on Wednesday’s after-hours session.

Full release here.

Posted In: Biotech Earnings News Guidance Health Care After-Hours Center Movers General

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