Market Overview

Mylan Q4 Earnings Preview

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Mylan (NASDAQ: 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.

Posted-In: Earnings News Previews Trading Ideas

 

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