Investing.com - Mylan (NASDAQ:MYL) reported first quarter earnings that Beat analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.82 on revenue of $2.5B. Analysts polled by Investing.com expected EPS of $0.79 on revenue of $2.7B. That compared to EPS of $0.96 on revenue of $2.65B in the same period a year earlier. The company had reported EPS of $1.3 on revenue of $3.08B in the previous quarter.
Mylan shares lost 2.69% to trade at $27.50 in pre-market trade following the report.
Mylan follows other major Healthcare sector earnings this month
On April 16, J&J reported first quarter EPS of $2.1 on revenue of $20.02B, compared to forecasts of EPS of $2.04 on revenue of $19.61B.
Pfizer earnings Beat analysts' expectations on April 30, with first quarter EPS of $0.85 on revenue of $13.12B. Investing.com analysts expected EPS of $0.75 on revenue of $12.99B
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