Workflow
Merck(MRK)
icon
Search documents
Merck (MRK) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-10-31 14:36
For the quarter ended September 2024, Merck (MRK) reported revenue of $16.66 billion, up 4.4% over the same period last year. EPS came in at $1.57, compared to $2.13 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $16.55 billion, representing a surprise of +0.65%. The company delivered an EPS surprise of +4.67%, with the consensus EPS estimate being $1.50.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...
Merck (MRK) Q3 Earnings and Revenues Top Estimates
ZACKS· 2024-10-31 12:40
Merck (MRK) came out with quarterly earnings of $1.57 per share, beating the Zacks Consensus Estimate of $1.50 per share. This compares to earnings of $2.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.67%. A quarter ago, it was expected that this pharmaceutical company would post earnings of $2.16 per share when it actually produced earnings of $2.28, delivering a surprise of 5.56%.Over the last four quarters, the compan ...
Merck tops estimates despite muted Gardasil and diabetes drug sales
Proactiveinvestors NA· 2024-10-31 11:41
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...
Merck(MRK) - 2024 Q3 - Quarterly Results
2024-10-31 10:44
Exhibit 99.2 MERCK & CO., INC. CONSOLIDATED STATEMENT OF OPERATIONS - GAAP (AMOUNTS IN MILLIONS, EXCEPT PER SHARE FIGURES) (UNAUDITED) Table 1a 2024 2023 % Change | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------------------------------------|---------------------|----------------------|----------------|---------------------|------------------|-------------------|-------------------------------|-------------------------------|----------------------|-- ...
Merck tops earnings estimates on strong demand for Keytruda, new drugs even as HPV vaccine sales fall
CNBC· 2024-10-31 10:33
The exterior view of the entrance to Merck headquarters in Rahway, New Jersey, on Feb. 5, 2024.Merck on Thursday reported third-quarter revenue and adjusted earnings that topped expectations as the company saw strong sales from its top-selling cancer drug Keytruda, recently launched treatments and its animal health business. But Merck's vaccine that prevents cancer from HPV, the most common sexually transmitted infection in the U.S., posted another quarter of lighter-than-expected sales. Revenue from the sh ...
Exploring Analyst Estimates for Merck (MRK) Q3 Earnings, Beyond Revenue and EPS
ZACKS· 2024-10-28 14:21
Core Viewpoint - Merck (MRK) is expected to report a quarterly earnings decline of 29.6% year over year, with earnings per share (EPS) projected at $1.50, while revenues are forecasted to increase by 3.7% to $16.54 billion [1]. Earnings Estimates - The consensus EPS estimate has been revised downward by 2.1% over the past 30 days, indicating a reassessment by analysts [1][2]. - Revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock [2]. Key Metrics Forecast - Analysts predict 'Sales- Oncology- Alliance Revenue- Lynparza' at $346.03 million, reflecting a year-over-year increase of 15.7% [4]. - 'Sales- Oncology- Keytruda' is expected to reach $7.38 billion, indicating a 16.5% increase from the previous year [4]. - 'Sales- Hospital Acute Care- Zerbaxa' is forecasted at $59.30 million, showing an 11.9% year-over-year change [4]. Additional Sales Projections - 'Sales- Oncology- Alliance revenue- Lenvima' is estimated at $275.08 million, with a year-over-year change of 5.8% [5]. - 'Sales- Hospital Acute Care- Bridion - U.S.' is projected to be $309.22 million, reflecting a 16.7% increase year over year [5]. - 'Sales- Oncology- Keytruda - International' is expected to be $2.93 billion, indicating a 15.2% increase [6]. Regional Sales Insights - 'Sales- Oncology- Alliance revenue- Lynparza - U.S.' is projected at $168.05 million, with a 9.8% year-over-year change [7]. - 'Sales- Oncology- Alliance revenue- Lynparza - International' is expected to reach $177.98 million, reflecting a 21.9% increase [7]. - 'Sales- Oncology- Alliance revenue- Lenvima - U.S.' is forecasted at $180.66 million, indicating a 12.9% increase [8]. - 'Sales- Hospital Acute Care- Zerbaxa - U.S.' is expected to be $32.48 million, reflecting a 12% increase year over year [9]. Stock Performance - Merck shares have decreased by 8.5% over the past month, contrasting with the Zacks S&P 500 composite's increase of 2% [9].
Where Will Merck Be in 5 Years?
The Motley Fool· 2024-10-25 21:11
There's a lot to like here.No matter how well the stock market is performing, investors can always find some companies that aren't keeping pace with broader equities. This year, pharmaceutical giant Merck (MRK -1.79%) is it: The drugmaker's shares are down by 2% in 2024 while the broader S&P 500 is up by 21%.Even when we zoom out, Merck hasn't performed particularly well in recent years. The company has significantly trailed the S&P 500 over the past decade. Does that mean investors should stay away from Me ...
BetterInvesting™ Magazine Update on Merck (MRK) and Ball (BALL)
Prnewswire· 2024-10-25 20:15
TROY, Mich., Oct. 25, 2024 /PRNewswire/ -- The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced Merck & Co. (NYSE: MRK) as its "Stock to Study" and Ball Corp (NYSE: BALL) as its "Undervalued Stock" in the January 2025 issue for investors' informational and educational use. The organization remains concerned about the number of Americans who are investing for the future. "Too many Americans hesitate to invest, waiting for what they believe is the perfect moment, ...
Merck Q3 Earnings Review: Solid Financials May Be Undermined By New Keytruda Threat
Seeking Alpha· 2024-10-25 18:56
If you like what you have just read and want to receive at least 4 exclusive stock tips every week focused on Pharma, Biotech and Healthcare, then join me at my marketplace channel, Haggerston BioHealth . Invest alongside the model portfolio, or simply access the investment bank-grade financial models and research. I hope to see you there.Merck & Co., Inc. (NYSE: MRK ) will report its Q3 earnings next Thursday, 31st October. I covered the company shortly before Q2 earnings, assigning the stock a "Hold" rati ...
Merck to Report Q3 Earnings: To Buy or Not to Buy MRK Stock?
ZACKS· 2024-10-25 17:46
Merck (MRK) will report its third-quarter earnings on Oct. 31, before market open. The Zacks Consensus Estimate for sales and earnings is pegged at $16.54 billion and $1.54 per share, respectively. Earnings estimates for Merck have declined from $8.01 to $7.80 per share over the past 30 days. For 2025, earnings estimates have declined from $9.70 to $9.64 per share over the same timeframe.Image Source: Zacks Investment ResearchEarnings Surprise History of MerckThe healthcare bellwether’s performance has been ...