Merck & Co Q1 Adj. EPS $1.40 Misses $1.63 Estimate, Sales $12.08B Miss $12.66B Estimate

Benzinga2021-04-29

Merck & Co (NYSE:MRK) reported quarterly earnings of $1.40 per share which missed the analyst consensus estimate of $1.63 by 14.11 percent. This is a 6.67 percent decrease over earnings of $1.50 per share from the same period last year. The company reported quarterly sales of $12.08 billion which missed the analyst consensus estimate of $12.66 billion by 4.58 percent. This is a 0.19 percent increase over sales of $12.06 billion the same period last year.

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Comments

  • joshc
    2021-04-29
    joshc
    Will price drop?
    • KinKat
      Yes, already lower in pre-mkt
    • Vincewjs
      my take on MRK is that it is somewhat for a long term game plan. if it drop by significant margins, consider getting more. short term traders should avoid this stock
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