Merck Profit Rises 4% In Q3

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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%

 

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