=Mylan N.V. (MYL) reported earnings on Wed 1 March 17 (b/o)

Mylan N.V. beats by $0.14, beats on revs; guides FY17 EPS in-line, revs towards the high end:

• Reports Q4 (Dec) earnings of $1.57 per share, excluding non-recurring items, $0.14 better than the Capital IQ Consensus of $1.43; revenues rose 31.2% year/year to $3.27 bln vs the $3.18 bln Capital IQ Consensus. Third party net sales for the current quarter were $3.22 billion compared to $2.47 billion for the prior year period, representing an increase of $746.8 million, or 30%. North America segment third party net sales of $1.57 billion, up 22% Europe segment third party net sales of $927.4 million, up 50% Rest of World segment third party net sales of $729.2 million, up 28%.
• Co issues in-line guidance for FY17, sees EPS of $5.15-5.55, excluding non-recurring items, vs. $5.35 Capital IQ Consensus Estimate; sees FY17 revs of +17% to $12.25-13.75 bln vs. $12.64 bln Capital IQ Consensus Estimate.
• "We also continue to advance toward our long-stated 2018 adjusted EPS target of $6.00."