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Stock impact report

Merck (MRK) Q1 Earnings Top, Cancer Drug Keytruda Boosts Sales [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
Earnings rose 48% year over year on a reported basis and 54% excluding foreign exchange (Fx) impact. Including acquisition and divestiture-related costs, restructuring costs, income and losses from investments in equity securities and certain other items, earnings were $1.87 per share, up 76% ex Fx. Revenues rose 9% year over year (12% excluding Fx) to $15.78 billion. Sales beat the Zacks Consensus Estimate of $15.32 billion. Quarter in Detail The Pharmaceutical segment generated revenues of $14.0 billion, up 9% year over year (12% excluding Fx). Higher sales of oncology drugs and vaccines were partially offset by lower sales of Merck's diabetes medicines. Pharmaceutical segment revenues beat the Zacks Consensus Estimate of $13.53 billion and our model estimate of $13.50 billion. All sales growth numbers discussed below exclude Fx impact. Keytruda, the biggest product in Merck's portfolio, generated sales of $6.95 billion in the quarter, up 24% year over year. Keytruda sal Show less Read more
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