Merck: Q1 Earnings Snapshot

RAHWAY, N.J. (AP) — RAHWAY, N.J. (AP) — Merck & Co. (MRK) on Thursday reported first-quarter earnings of $2.82 billion.

On a per-share basis, the Rahway, New Jersey-based company said it had profit of $1.11. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, came to $1.40 per share.

The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.34 per share.

The pharmaceutical company posted revenue of $14.49 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $13.84 billion.

Merck expects full-year earnings in the range of $6.88 to $7 per share, with revenue in the range of $57.7 billion to $58.9 billion.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on MRK at

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