Company News: Merck (MRK) quarterly earnings miss analysts’ expectations

Market news

29 July 2021

Company News: Merck (MRK) quarterly earnings miss analysts’ expectations

Merck (MRK) reported Q2 FY 2021 earnings of $1.31 per share (versus $1.02 per share in Q2 FY 2020), missing analysts’ consensus estimate of $1.35 per share.

The company’s quarterly revenues amounted to $11.402 bln (+21.9% y/y), beating analysts’ consensus estimate of $11.203 bln.

MRK fell to $78.07 (-0.33%) in pre-market trading.

Outlook for USD/JPY still remains mixed - UOB

AUD/USD could still drop to the 0.7230 region - Commerzbank

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