Merck Q4 Adj. Profit Tops View, But Sales Miss; Sees 2018 Adj. EPS In Line

Merck (MRK) on Friday reported a loss for the fourth-quarter that widened from last year, reflecting a $2.6 billion provisional charge related to the U.S. tax legislation. Worldwide sales increased 3 percent. Adjusted earnings per share topped analysts' expectations, while quarterly sales missed their estimates. It expects adjusted earnings per share for 2018 to be in line with analysts' view.

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