earnings
confidence high
sentiment positive
materiality 0.80
Merck Q2 sales $11.4B (+22% YoY); raises full-year revenue guidance to $46.4B-$47.4B
Merck & Co., Inc.
2021-Q2 EPS reported
$1.86
revenue$22,029,000,000
- GAAP EPS $0.48; non-GAAP EPS $1.31, up 28% YoY on strong demand recovery.
- KEYTRUDA sales $4.2B (+23%); GARDASIL $1.2B (+88%) driven by pandemic recovery.
- Completed Organon spinoff on June 2; received ~$9B cash distribution.
- Full-year non-GAAP EPS guidance raised to $5.47-$5.57, including ~2% FX benefit.
- FDA approvals for VAXNEUVANCE, KEYTRUDA in TNBC and endometrial carcinoma.