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Merck & Co MRK reported its Q3 earnings results on Thursday, October 27, 2022 at 06:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Merck & Co beat estimated earnings by 5.71%, reporting an EPS of $1.85 versus an estimate of $1.75.
Revenue was up $1.80 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.18 which was followed by a 0.67% drop in the share price the next day.
Here’s a look at Merck & Co’s past performance:
Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
---|---|---|---|---|
EPS Estimate | 1.69 | 1.83 | 1.53 | 1.55 |
EPS Actual | 1.87 | 2.14 | 1.80 | 1.75 |
Revenue Estimate | 13.87B | 14.68B | 13.16B | 12.33B |
Revenue Actual | 14.59B | 15.90B | 13.52B | 13.15B |
To track all earnings releases for Merck & Co visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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Image and article originally from www.benzinga.com. Read the original article here.