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Merck & Co Q3 2026 · Story

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MRKQ3 20261/4

Estimate vs Actual

Earnings per Share

$2.49

+ 19.1% vs Estimate

Surprise as recorded in the analysis; the estimate itself is not on the calendar.

MRKQ3 20262/4

Guidance

Full-Year Revenue

Company Guidance
66.8 – 67.3 billion
Market Estimate
67.04 billion

In Line ✓

Full-Year Adjusted EPS

Company Guidance
2.77 – 2.82 $
Market Estimate
2.65 $

5.5% Above Estimate ▲

Adjusted Gross Margin

Company Guidance
81%

Flat

MRKQ3 20263/4

In 30 Seconds

Revenue of $18.09 billion beat estimates by 4.5%, and adjusted EPS of $2.49 beat by 19.1%.

  • Full-year EPS guidance rose to $2.77-2.82, but about $550 million of revenue came from purchase timing that will unwind.
  • The stock rose 4.9% intraday on strong Keytruda Qlex and Winrevair sales and the ESMO data.

First point of the analysis's “In 30 Seconds”.

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