Merck profit rises, cuts 2020 forecast over COVID-19 uncertainty [Reuters]
Merck & Company, Inc. (new) (MRK)
Last merck & company, inc. (new) earnings: 4/28 06:45 am
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Source: Reuters
Merck profit rises, cuts 2020 forecast over COVID-19 uncertainty (Reuters) - Merck & Co Inc ( MRK.N ) on Tuesday posted a 10.4% rise in first-quarter profit, helped by strong sales of cancer therapy Keytruda, but the drugmaker lowered its 2020 profit forecast due to uncertainty from the COVID-19 pandemic. The company now expects its full-year adjusted profit forecast to be in the range of $5.17 to $5.37 per share, down from its prior estimates of between $5.62 and $5.77 per share. Net income attributable to shareholders rose to $3.22 billion, or $1.26 per share, in the quarter, from $2.92 billion, or $1.12 per share, a year earlier.
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MRK
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- 10/30/25 - Beat
MRK
Sec Filings
- 1/5/26 - Form 4
- 1/5/26 - Form 4
- 1/5/26 - Form 4
- MRK's page on the SEC website