earnings
confidence high
sentiment positive
materiality 0.80
Merck Q3 sales $13.2B (+20% YoY); raises FY2021 guidance; to acquire Acceleron for $11.5B
Merck & Co., Inc.
2021-Q3 EPS reported
$3.66
revenue$35,183,000,000
- Q3 GAAP EPS $1.80, Non-GAAP EPS $1.75; sales $13.2B (+20% YoY, +19% ex-FX).
- Keytruda sales $4.5B (+22%); Gardasil $2.0B (+68%); Animal Health $1.4B (+16%).
- Raises FY2021 revenue guidance to $47.4B–$47.9B; Non-GAAP EPS to $5.65–$5.70.
- Agreement to acquire Acceleron Pharma for $180/share (~$11.5B); expected close Q4 2021.
- Submitted EUA for molnupiravir (oral COVID-19 treatment) based on positive Phase 3 data.