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Stock impact report

Merck Lifts Full-Year 2024 Outlook Following First-Quarter Beat [Yahoo! Finance]

Merck & Company, Inc. (new) (MRK) 
Last merck & company, inc. (new) earnings: 4/28 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.merck.com/home/default.aspx
Company Research Source: Yahoo! Finance
vaccine Gardasil, prompting the pharmaceutical giant to raise its full-year outlook. The company now anticipates adjusted earnings to be in a range of $8.53 to $8.65 a share for 2024, up from its previous projections of $8.44 to $8.59. The guidance includes a one-time per-share charge of $0.26 related to the firm's proposed deal to acquire Harpoon Therapeutics (HARP), laid out in January. The consensus on Capital IQ is for normalized EPS of $8.57. Sales are pegged at $63.1 to $64.3 billion for the year, compared with the prior forecast of $62.7 billion to $64.2 billion. The Street is looking for revenue of $63.8 billion. "We have had a strong start to the year with robust growth across our business, which reinforces the confidence we have in our outlook," Chief Financial Officer Caroline Litchfield said in prepared remarks. The company is also making strategic investments to "deliver long-term value for patients, customers and shareholders." For the March quarter, Merck's adju Show less Read more
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