Myriad Genetics (MYGN) announces Mark Capone has resigned as President and CEO

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Myriad Genetics (MYGN) PT Lowered to $19 at Jefferies

February 7, 2020 9:14 AM EST

Jefferies analyst Brandon Couillard lowered the price target on Myriad Genetics (NASDAQ: MYGN) to $19.00 (from $23.00) while maintaining a Hold rating.

The analyst commented, "We expect MYGN to open sharply lower (down >20% after-hours) after another 2Q miss, ~50% cut to '20 EPS guide & abrupt CEO... More

Myriad Genetics (MYGN) Misses Q2 EPS by 8c, Guidance Misses

February 6, 2020 4:13 PM EST

Myriad Genetics (NASDAQ: MYGN) reported Q2 EPS of $0.23, $0.08 worse than the analyst estimate of $0.31. Revenue for the quarter came in at $195.1 million versus the consensus estimate of $209.81 million.

GUIDANCE:

Myriad Genetics sees Q3 2020 EPS of $0.02, versus the consensus of $0.30. Myriad... More