RAHWAY, N.J. (AP) — RAHWAY, N.J. (AP) — Merck & Co. (MRK) on Thursday reported third-quarter earnings of $5.07 billion.
The Rahway, New Jersey-based company said it had net income of $2.04 per share. Earnings, adjusted for non-recurring costs, came to $2.49 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.12 per share.
The pharmaceutical company posted revenue of $18.09 billion in the period.
Merck expects full-year earnings in the range of $2.77 to $2.82 per share, with revenue in the range of $66.8 billion to $67.3 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MRK at https://www.zacks.com/ap/MRK