Mylan Volatile On Top- And Bottom-Line Miss

  • 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.
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