Loading...
Loading...
Merck & Co
MRK reported a drop in its second-quarter profit.
Merck's quarterly net profit declined to $906 million, or $0.30 per share, from $1.79 billion, or $0.58 per share, in the year-ago period. Its adjusted profit fell to $2.53 billion, or $0.84 per share, from $3.23 billion, or $1.05 per share.
Its revenue dropped to $11.01 billion from $12.31 billion. However, analysts were projecting earnings of $0.82 per share on revenue of $11.24 billion.
Merck shares closed at $48.34 yesterday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in