Merck & Co revenue, first quarter missed revenue by Investing.com

© Reuters. Merck & Co revenue, Q1 missing revenue

Investing.com – Merck & Co reported on Thursday in the first quarter that it missed analysts’ forecasts and lower than expected revenues.

Merck & Co reported earnings per share of $ 1.4 on revenue of $ 12.08 billion. Analysts polled by Investing.com were forecasting EPS of $ 1.61 on revenue of $ 12.63 billion.

Merck & Co shares are up 27% from the start of the year, still down 12.16% from its 52-week high of $ 87.76 set on September 3, 2020. They are outperform the S&P 500 which is up 11.37% year-to-date.

Merck & Co Track Other Major Healthcare Profits This Month

Merck & Co’s report follows earnings beaten by J&J on April 20, which reported EPS of $ 2.59 on revenue of $ 22.32 billion, against expected EPS of $ 2.34 billion for a turnover of 21.98 billion USD.

Abbott Labs beat expectations on April 20 with first-quarter EPS of $ 1.32 on revenue of $ 10.46 billion, compared to an EPS forecast of $ 1.27 on revenue of 10.69 G $.

Stay up to date on all upcoming income reports by visiting the Investing.com income calendar

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