Mylan 2Q Earnings Pregame Scorecard

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Last quarter Mylan (NASDAQ:MYL) beat estimates by one cent per share and it is up again on Thursday, July 26, 2012.

Expectations

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Analysts currently expect Mylan to come in with earnings of 55 cents per share on revenues of $1.66 billion. Analysts gave estimates ranging from earnings per share to earnings per share. Over the past three months, the average estimate has moved down from 57 cents.

Stock Movement

In terms of price changes, the stock's best recent streak was when it gained $1.40 per share between June 26, 2012 and July 3, 2012.

Company Fundamental Trends

Stock Ratings

Analysts are bullish on the stock as 11 analysts rate it as a buy and only one analyst rate it as a sell. Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.

Last Quarter's Results

In the first quarter, profit rose 23.9% to $129.1 million (30 cents a share) from $104.2 million (23 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 9.9% to $1.59 billion from $1.45 billion.

Summary

Reporting Period: 2Q

Date of Release: Thursday, July 26, 2012 before market open

EPS: 55 cents

Revenue Estimate: $1.66 billion

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)