Friday, July 28, 2017

Merck Q2 Profit Beats Estimates; Worldwide Sales Up 1%

Merck (MRK) reported second-quarter Non-GAAP EPS of $1.01 compared to $0.93, a year ago. On average, 16 analysts polled by Thomson Reuters expected the company to report profit per share of $0.87 for the quarter. Analysts' estimates typically exclude special items. Second-quarter net income attributable to Merck & Co. increased 61% year-over-year to $1.95 billion from $1.21 billion, prior year. GAAP EPS was $0.71 compared to $0.43.

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