Mylan Reports Light First-Quarter 2019 Revenue; Reaffirms Back-End Loaded Fiscal-Year Guidance
While normalized EPS came in slightly above expectations, overall revenue was soft, largely driven by lower-than-expected volumes (partially due to timing issues), adverse foreign currency exchange rates, and, to a lesser degree, pricing. Competitive pressures do not appear to have let up and include uptake challenges due to payor preferences for branded drugs. Despite the reaffirmed guidance and timely new product launches, shares are down 17% intraday due to the skepticism in back-end loaded g...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.