Mylan N.V. Reports 25% Advance In Q1 Earnings

(RTTNews) - Mylan N.V. (MYL) announced a profit for its first quarter that advanced compared to the same period last year.

The company said its bottom line climbed to $386.3 million, or $0.76 per share. This was higher than $309.1 million, or $0.70 per share, in last year's first quarter.

Analysts had expected the company to earn $0.74 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 17.1% to $2.19 billion. This was up from $1.87 billion last year.

Mylan N.V. earnings at a glance:

-Earnings (Q1): $386.3 Mln. vs. $309.1 Mln. last year. -Earnings Growth (Y-o-Y): 25.0% -EPS (Q1): $0.76 vs. $0.70 last year. -EPS Growth (Y-o-Y): 8.6% -Analysts Estimate: $0.74 -Revenue (Q1): $2.19 Bln vs. $1.87 Bln last year. -Revenue Change (Y-o-Y): 17.1%

-Guidance: Full year EPS guidance: $4.85 - $5.15 Full year revenue guidance: $10.5 - $11.5 Bln