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Merck & Co Inc. Q2 adjusted earnings Beat Estimates

Merck & Co Inc. (MRK) reported a profit for its second quarter that advanced from last year.

The company's bottom line came in at $2.67 billion, or $1.03 per share. This compares with $1.71 billion, or $0.63 per share, in last year's second quarter.

Excluding items, Merck & Co Inc. reported adjusted earnings of $3.36 billion or $1.30 per share for the period.

Analysts had expected the company to earn $1.16 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 12.3% to $11.76 billion from $10.47 billion last year.

Merck & Co Inc. earnings at a glance:

-Earnings (Q2): $3.36 Bln. vs. $2.85 Bln. last year.
-EPS (Q2): $1.30 vs. $1.06 last year.
-Analysts Estimate: $1.16
-Revenue (Q2): $11.76 Bln vs. $10.47 Bln last year.

-Guidance:
Full year EPS guidance: $4.84 to $4.94
Full year revenue guidance: $45.2 to $46.2 Bln

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