Company News: Merck (MRK) quarterly results beat analysts’ expectations

Market news

27 October 2020

Company News: Merck (MRK) quarterly results beat analysts’ expectations

Merck (MRK) reported Q3 FY 2020 earnings of $1.74 per share (versus $1.51 per share in Q3 FY 2019), beating analysts’ consensus estimate of $1.43 per share.

The company’s quarterly revenues amounted to $12.551 bln (+1.2% y/y), beating analysts’ consensus estimate of $12.213 bln.

MRK rose to $79.80 (+1.22%) in pre-market trading.

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