Myriad Genetics Reports Fiscal Third-Quarter 2016 Financial Results

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Leerink Partners Remains Sidelined on Myriad Genetics (MYGN) - PT to $41

May 4, 2016 7:44 AM EDT

Leerink Partners maintained a Market Perform rating on Myriad Genetics (NASDAQ: MYGN), and cut the price target to $41.00 (from $44.00), following the company's 3Q earnings report. MYGN reported revenue of $190.5M, beating expectations of $185M by ~3%. Management guided F4Q revenue in the... More

Myriad Genetics (MYGN) Beat But Not By Enough, Mizuho Says; PT to $34

May 4, 2016 6:55 AM EDT

Mizuho analyst, Eric Criscuolo, cut his price target on Myriad Genetics (NASDAQ: MYGN) to $34 from $42 and reduced the projected PE multiple to 20x from 22x. No change to Neutral rating.

Myriad beat consensus top line estimates by $6mm and EPS by $0.03.... More

Myriad Genetics (MYGN) Tops Q3 EPS by 3c, Offers Q4 & FY Guidance

May 3, 2016 4:07 PM EDT

Myriad Genetics (NASDAQ: MYGN) reported Q3 EPS of $0.41, $0.03 better than the analyst estimate of $0.38. Revenue for the quarter came in at $190.5 million versus the consensus estimate of $184.92 million.

GUIDANCE:

Myriad Genetics sees Q4 2016 EPS of $0.36-$0.38, versus the consensus of... More