Mylan (MYL) Tops Q3 EPS by 2c, Raises FY EPS Guidance

(In millions, except EPS)

Q4 2014 Guidance*

EBITDA*

$660 - $720

Net Earnings*

$410 - $450

Diluted EPS*

$1.03 - $1.09

Full Year 2014

Full Year 2014

(In millions, except EPS and %'s)

Current Guidance

Prior Guidance**

Total Revenue

$7,700 - $7,800

Gross Profit Margin*

52% - 53%

51% - 53%

SG&A as % of Total Revenue*

18% - 20%

18% - 20%

R&D as % of Total Revenue*

7% - 8%

7% - 8%

EBITDA*

$2,350 - $2,410

$2,200 - $2,400

Net Earnings*

$1,400 - $1,440

$1,265 - $1,370

Diluted EPS*

$3.54 - $3.60

$3.44 - $3.54

Operating Cash Flow*

$1,200 - $1,300

$1,200 - $1,400

Capital Expenditures

$300 - $350

$350 - $400

Tax Rate*

24% - 25%

24% - 26%

Average Diluted Shares Outstanding

395 - 400

390 - 400