Find a list of your saved stories here

Merck sales grow globally

Save Story

Save stories to read later

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

KENILWORTH, N.J. (AP) — Merck & reporting a strong second quarter with global sales rising 5 percent to $10.5 billion.

The Kenilworth, New Jersey, drugmaker on Friday posted a second-quarter profit of $1.71 billion, or 63 cents per share. Earnings, adjusted for costs related to mergers and acquisitions and restructuring costs, were $1.06 per share, 3 cents better than expected, according to a survey by Zacks Investment Research was for earnings of $1.03 per share.

Revenue was $10.47 bill, topping projections for $10.32 billion.

Merck expects full-year earnings in the range of $4.22 to $4.30 per share, with revenue in the range of $42 billion to $42.8 billion.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on MRK at

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

The Associated Press


    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the Trending 5.
    By subscribing, you acknowledge and agree to's Terms of Use and Privacy Policy.

    KSL Weather Forecast