Merck & Co Inc. Q2 adjusted earnings Beat Estimates

Merck & Co Inc. (MRK) released earnings for its second quarter that climbed from the same period last year.

The company's bottom line came in at $3.00 billion, or $1.18 per share. This compares with $2.67 billion, or $1.03 per share, in last year's second quarter.

Excluding items, Merck & Co Inc. reported adjusted earnings of $3.48 billion or $1.37 per share for the period.

Analysts had expected the company to earn $1.04 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 7.6% to $10.87 billion from $11.76 billion last year.

Merck & Co Inc. earnings at a glance:

-Earnings (Q2): $3.48 Bln. vs. $3.36 Bln. last year.
-EPS (Q2): $1.37 vs. $1.30 last year.
-Analysts Estimate: $1.04
-Revenue (Q2): $10.87 Bln vs. $11.76 Bln last year.

Full year EPS guidance: $5.63 - $5.78

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