Merck (MRK) Tops Q3 EPS by 7c, Raises Dividend and Increases Buyback by $10 Billion
Get Alerts MRK Hot Sheet
EPS Growth %: +41.4%
Financial Fact:
Restructuring costs: 545.6M
Today's EPS Names:
MAXN, CSTR, ACU, More
Join SI Premium – FREE
Merck (NYSE: MRK) reported Q3 EPS of $1.19, $0.07 better than the analyst estimate of $1.12. Revenue for the quarter came in at $10.8 billion versus the consensus estimate of $10.88 billion.
GUIDANCE:
Merck sees FY2018 EPS of $4.30-$4.36, versus the consensus of $4.29. Revenue is expected to be $42.1-$42.7 billion vs $42.46 billion expected.
Company Announces 15 Percent Increase to Quarterly Dividend to 55 Cents Per Outstanding Share and Authorizes an Additional $10 Billion Share Repurchase, Including a $5 Billion Accelerated Share Repurchase Program
For earnings history and earnings-related data on Merck (MRK) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- KB Home (KBH) Announces $1B Share Buyback, Raises Dividend
- Benchmark on Take-Two's (TTWO) GTV 6 Release: 'we anticipate that the game will not be released within the fiscal year and expect it to launch in fiscal 2026 instead'
- Acme United (ACU) Misses Q1 EPS by 20c
Create E-mail Alert Related Categories
Dividend Hike, Dividends, Earnings, Guidance, Hot Buybacks, Hot Earnings, Hot Guidance, Stock BuybacksRelated Entities
Dividend, Stock Buyback, EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!