The FINANCIAL — Merck & Co Inc. revealed earnings for its third quarter that rose from last year, according to Nasdaq.
The company said its bottom line totaled $2.72 billion, or $0.96 per share.
This was up from $2.62 billion, or $0.90 per share, in last year’s third quarter.
Analysts had expected the company to earn $0.92 per share, according figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.
The company said revenue for the quarter fell 4.6% to $10.07 billion. This was down from $10.56 billion last year.
Merck & Co Inc. earnings at a glance:
-Earnings (Q3): $2.72 Bln. vs. $2.62 Bln. last year.
-Earnings Growth (Y-o-Y): 3.8%
-EPS (Q3): $0.96 vs. $0.90 last year.
-EPS Growth (Y-o-Y): 6.7%
-Analysts Estimate: $0.92
-Revenue (Q3): $10.07 Bln vs. $10.56 Bln last year.
-Revenue Change (Y-o-Y): -4.6%