Merck earnings, Revenue beat in Q1

  • Investing.com
Merck earnings, Revenue beat in Q1
Credit: © Reuters.

Investing.com - Merck (NS: PROR ) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Merck announced earnings per share of €2.41 on revenue of €5.2B. Analysts polled by Investing.com anticipated EPS of €2.34 on revenue of €5.06B.

Merck shares are down 29% from the beginning of the year and are trading at €159.57 , down-from-52-week-high.They are under-performing the DAX which is down 14.84% year to date.

Merck shares lost 5.89% in intra-day trade the report.

Merck follows other major Healthcare sector earnings this month

Merck's report follows an earnings beat by Bayer on Tuesday, who reported EPS of €3.53 on revenue of €14.64B, compared to forecasts EPS of €2.96 on revenue of €13.82B.

Siemens Healthineers had beat expectations on Wednesday, May 4, 2022 with second quarter EPS of €0.67 on revenue of €5.46B, compared to forecast for EPS of €0.5486 on revenue of €5.02B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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