05.11.2018 22:05:01
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Mylan N.V. Q3 adjusted earnings Beat Estimates
(RTTNews) - Mylan N.V. (MYL) released earnings for its third quarter that rose from last year.
The company's earnings came in at $176.7 million, or $0.34 per share. This compares with $88.3 million, or $0.16 per share, in last year's third quarter.
Excluding items, Mylan N.V. reported adjusted earnings of $648.0 million or $1.25 per share for the period.
Analysts had expected the company to earn $1.19 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 4.3% to $2.86 billion from $2.99 billion last year.
Mylan N.V. earnings at a glance:
-Earnings (Q3): $648.0 Mln. vs. $589.7 Mln. last year. -EPS (Q3): $1.25 vs. $1.10 last year. -Analysts Estimate: $1.19 -Revenue (Q3): $2.86 Bln vs. $2.99 Bln last year.
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