How often does Merck & Co beat earnings estimates?

Merck & Co beat the analysts' EPS estimate in 93 of its 135 reports since 26 January 1993, and the revenue estimate in 84 of 120.

How does Merck & Co's stock move after earnings?

Over the last 165 reports Merck & Co's shares moved 2.3% on average on the trading day after, up 85 times and down 77 times. After the last report they moved +3.7%.

What time does Merck & Co report earnings?

Merck & Co reports before the market opens, so its shares react the same day.

Merck & Co
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MRK

Arincen ScoreBeta67/100

67/100B

146.710

USD

-0.21

(-0.14%)

Post Trading·146.910USD+0.200(+0.14%)

Last updated: 9 Nov, 07:20 GMT-5 · Delayed 15 min

Fair valueNot reliable

Q4 FY2026 · Earnings report

EPS estimate 1.78Revenue estimate 16.29B

Q4 FY2026 · Earnings report

Tuesday 2 February

EPS estimate 1.78Revenue estimate 16.29B

Fair valueNot reliable

Q4 FY2026 · Earnings report

EPS estimate 1.78Revenue estimate 16.29B

Q4 FY2026 · Earnings report

Tuesday 2 February

EPS estimate 1.78Revenue estimate 16.29B

Overview Financials Signals News Forecast Earnings Dividends Company

Merck & Co earningsWhat is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.

Merck & Co reports its Q4 FY2026 results on 2 February 2027, before the market opens. Analysts expect earnings per share of 1.78 USD and revenue of 16.29B USD.

In Q3 FY2026, reported on 29 October 2026, Merck & Co earned 2.49 USD a share against the 2.09 USD analysts expected (+19.1%), on revenue of 18.09B USD against 17.33B USD (+4.4%).

Last EPS surpriseWhat is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.: +19.1%
Last revenue surprise: +4.4%
Move after the last reportWhat is the next-day move after earnings? The next-day move is how much a stock's price changed on the first trading day after an earnings report: how the market took the results.: +3.7%
Average move after earningsWhat is the next-day move after earnings? The next-day move is how much a stock's price changed on the first trading day after an earnings report: how the market took the results.: 2.3%

EPS and revenue against estimates

Next earnings · Q4 FY2026

2 Feb 2027

EPS estimate

1.78 USD

Revenue estimate

16.29B USD

Last quarter · Q3 FY2026

EPS2.49Beat +19.1%Revenue18.09BBeat +4.4%

Revenue

ReportedEstimate

EPS

ReportedEstimate

Period	Report date	EPS estimate	Reported EPS	Surprise	EPS growth	Revenue estimate	Reported revenue	Surprise	Revenue growth	Next-day move
Q3 FY2027	—	2.44	—	—	-2.01%	18.23B	—	—	+0.81%	—
Q2 FY2027	—	2.09	—	—	—	16.84B	—	—	+1.41%	—
Q1 FY2027	—	2.13	—	—	—	16.46B	—	—	+1.05%	—
Q4 FY2026	2 Feb 2027	1.78	—	—	-12.75%	16.29B	—	—	-0.65%	—
Q3 FY2026	29 Oct 2026	2.09	2.49	+19.14%	-3.49%	17.33B	18.09B	+4.35%	+4.68%	+3.7%
Q2 FY2026	4 Aug 2026	-0.27	-0.13	+51.94%	-106.10%	16.37B	16.61B	+1.45%	+5.07%	+0.2%
Q1 FY2026	30 Apr 2026	-1.47	-1.28	+12.93%	-157.66%	15.85B	16.29B	+2.77%	+4.87%	-1.6%
Q4 FY2025	3 Feb 2026	2.01	2.04	+1.49%	+18.60%	16.20B	16.40B	+1.24%	+4.97%	+2.1%
Q3 FY2025	30 Oct 2025	2.36	2.58	+9.32%	+64.33%	16.98B	17.28B	+1.75%	+3.72%	-0.3%
Q2 FY2025	29 Jul 2025	2.03	2.13	+4.93%	-6.58%	15.86B	15.81B	-0.37%	-1.90%	-1.7%
Q1 FY2025	24 Apr 2025	2.13	2.22	+4.23%	+7.25%	15.34B	15.53B	+1.24%	-1.56%	+1.4%
Q4 FY2024	4 Feb 2025	1.85	1.72	-7.03%	+5,633.33%	15.48B	15.62B	+0.91%	+6.79%	-9.1%
Q3 FY2024	31 Oct 2024	1.50	1.57	+4.67%	-26.29%	16.47B	16.66B	+1.11%	+4.35%	-2.6%
Q2 FY2024	30 Jul 2024	2.15	2.28	+6.05%	—	15.87B	16.11B	+1.53%	+7.16%	-9.9%
Q1 FY2024	25 Apr 2024	1.88	2.07	+10.11%	+47.86%	15.21B	15.78B	+3.75%	+8.89%	+2.9%
Q4 FY2023	1 Feb 2024	-0.09	0.03	+133.33%	-98.15%	14.50B	14.63B	+0.91%	+5.78%	+4.8%
Q3 FY2023	26 Oct 2023	1.95	2.13	+9.23%	+15.14%	14.44B	15.96B	+10.51%	+6.70%	+1.9%
Q2 FY2023	1 Aug 2023	-2.17	-2.06	+5.07%	-210.16%	14.45B	15.04B	+4.08%	+3.03%	-1.3%
Q1 FY2023	27 Apr 2023	1.32	1.40	+6.06%	-34.58%	14.29B	14.49B	+1.37%	-8.89%	+1.6%
Q4 FY2022	2 Feb 2023	1.56	1.62	+3.85%	-10.00%	13.66B	13.83B	+1.26%	+2.29%	-3.3%
Q3 FY2022	27 Oct 2022	1.67	1.85	+10.78%	+5.71%	14.07B	14.96B	+6.35%	+13.72%	+1.4%
Q2 FY2022	28 Jul 2022	1.70	1.87	+10.00%	+42.75%	13.86B	14.59B	+5.32%	+27.99%	-1.5%
Q1 FY2022	28 Apr 2022	1.83	2.14	+16.94%	+52.86%	14.56B	15.90B	+9.24%	+49.63%	+5.0%
Q4 FY2021	3 Feb 2022	1.53	1.80	+17.65%	+36.36%	13.16B	13.52B	+2.78%	+8.04%	-3.6%
Q3 FY2021	28 Oct 2021	1.55	1.75	+12.90%	+0.57%	12.32B	13.15B	+6.73%	+20.36%	+6.1%
Q2 FY2021	29 Jul 2021	1.33	1.31	-1.50%	-4.38%	11.40B	11.40B	0.00%	+21.91%	-1.5%
Q1 FY2021	29 Apr 2021	1.63	1.40	-14.11%	-6.67%	13.78B	10.63B	-22.91%	-11.86%	-4.4%
Q4 FY2020	4 Feb 2021	1.36	1.32	-2.94%	+13.79%	13.06B	12.52B	-4.17%	+5.45%	-1.6%
Q3 FY2020	27 Oct 2020	1.44	1.74	+20.83%	+15.23%	10.39B	10.93B	+5.22%	-11.84%	-1.2%
Q2 FY2020	31 Jul 2020	1.04	1.37	+31.73%	+5.38%	8.25B	9.35B	+13.33%	-20.47%	+1.5%
Q1 FY2020	28 Apr 2020	1.34	1.50	+11.94%	+22.95%	10.77B	12.06B	+11.94%	+11.47%	-3.4%
Q4 FY2019	5 Feb 2020	1.15	1.16	+0.87%	+11.54%	11.77B	11.87B	+0.87%	+7.91%	-2.9%
Q3 FY2019	29 Oct 2019	1.25	1.51	+20.80%	+26.89%	10.18B	12.40B	+21.77%	+14.85%	+3.6%
Q2 FY2019	30 Jul 2019	1.16	1.30	+12.07%	+22.64%	10.49B	11.76B	+12.07%	+12.37%	+1.1%
Q1 FY2019	30 Apr 2019	1.06	1.22	+15.09%	+16.19%	9.40B	10.82B	+15.09%	+7.76%	+2.5%
Q4 FY2018	1 Feb 2019	1.03	1.04	+0.97%	+6.12%	10.89B	11.00B	+0.97%	+5.42%	+2.6%
Q3 FY2018	25 Oct 2018	1.16	1.19	+2.59%	+7.21%	10.34B	10.79B	+4.39%	+4.54%	-0.8%
Q2 FY2018	27 Jul 2018	1.03	1.06	+2.91%	+4.95%	10.17B	10.47B	+2.91%	+5.39%	-0.8%
Q1 FY2018	1 May 2018	0.99	1.05	+6.06%	+19.32%	9.56B	10.04B	+5.00%	+6.39%	-1.5%
Q4 FY2017	2 Feb 2018	0.94	0.98	+4.26%	+10.11%	10.01B	10.43B	+4.26%	+3.14%	-2.1%
Q3 FY2017	27 Oct 2017	1.03	1.11	+7.77%	+3.74%	9.58B	10.33B	+7.77%	-2.00%	-6.0%
Q2 FY2017	28 Jul 2017	0.87	1.01	+16.09%	+8.60%	8.55B	9.93B	+16.09%	+0.87%	+0.6%
Q1 FY2017	2 May 2017	0.83	0.88	+6.02%	-1.12%	8.90B	9.43B	+6.02%	+1.31%	+0.5%
Q4 FY2016	2 Feb 2017	0.88	0.89	+1.14%	-4.30%	10.12B	10.12B	0.00%	-0.98%	+3.4%
Q3 FY2016	25 Oct 2016	0.98	1.07	+9.18%	+11.46%	9.75B	10.54B	+8.08%	+4.60%	+2.0%
Q2 FY2016	29 Jul 2016	0.92	0.93	+1.09%	+8.14%	9.63B	9.84B	+2.20%	+0.60%	+0.4%
Q1 FY2016	5 May 2016	0.85	0.89	+4.71%	+4.71%	8.89B	9.31B	+4.71%	-1.20%	-1.3%
Q4 FY2015	3 Feb 2016	0.91	0.93	+2.20%	+6.90%	10.00B	10.22B	+2.20%	-2.55%	-0.7%
Q3 FY2015	27 Oct 2015	0.91	0.96	+5.49%	+6.67%	9.65B	10.07B	+4.35%	-4.58%	+1.1%
Q2 FY2015	28 Jul 2015	0.80	0.86	+7.50%	+1.18%	9.22B	9.79B	+6.17%	-10.51%	+0.9%
Q1 FY2015	28 Apr 2015	0.75	0.85	+13.33%	-3.41%	8.32B	9.43B	+13.33%	-8.17%	+5.0%
Q4 FY2014	4 Feb 2015	0.85	0.87	+2.35%	-1.14%	10.36B	10.48B	+1.16%	-7.40%	-3.2%
Q3 FY2014	27 Oct 2014	0.88	0.90	+2.27%	-2.17%	10.32B	10.56B	+2.27%	-4.31%	-2.0%
Q2 FY2014	29 Jul 2014	0.81	0.85	+4.94%	+1.19%	10.42B	10.93B	+4.94%	-0.69%	+1.1%
Q1 FY2014	29 Apr 2014	0.79	0.88	+11.39%	+3.53%	9.21B	10.26B	+11.39%	-3.81%	+3.6%
Q4 FY2013	5 Feb 2014	0.89	0.88	-1.12%	+6.02%	11.45B	11.32B	-1.12%	-3.55%	+0.0%
Q3 FY2013	28 Oct 2013	0.88	0.92	+4.55%	-3.16%	10.55B	11.03B	+4.55%	-3.97%	-2.6%
Q2 FY2013	30 Jul 2013	0.82	0.84	+2.44%	-20.00%	10.88B	11.01B	+1.20%	-10.57%	-0.6%
Q1 FY2013	1 May 2013	0.78	0.85	+8.97%	-14.14%	9.92B	10.67B	+7.59%	-9.04%	-2.8%
Q4 FY2012	1 Feb 2013	0.81	0.83	+2.47%	-14.43%	11.45B	11.74B	+2.47%	-4.53%	-3.3%
Q3 FY2012	26 Oct 2012	0.93	0.95	+2.15%	+1.06%	11.13B	11.49B	+3.26%	-4.44%	-0.3%
Q2 FY2012	27 Jul 2012	1.01	1.05	+3.96%	+10.53%	11.84B	12.31B	+3.96%	+1.32%	+4.1%
Q1 FY2012	27 Apr 2012	—	0.99	—	+7.61%	—	11.73B	—	+1.30%	-0.0%
Q4 FY2011	2 Feb 2012	0.95	0.97	+2.11%	+7.78%	12.04B	12.29B	+2.11%	+1.66%	-0.5%
Q3 FY2011	28 Oct 2011	0.91	0.94	+3.30%	+10.59%	11.64B	12.02B	+3.30%	+8.06%	+2.3%
Q2 FY2011	29 Jul 2011	0.95	0.95	0.00%	+9.20%	12.15B	12.15B	0.00%	+7.10%	-2.3%
Q1 FY2011	29 Apr 2011	0.84	0.92	+9.52%	+10.84%	10.57B	11.58B	+9.52%	+1.38%	+0.5%
Q4 FY2010	3 Feb 2011	0.83	0.90	+8.43%	+12.50%	11.41B	12.09B	+6.02%	+19.82%	-2.7%
Q3 FY2010	29 Oct 2010	0.82	0.85	+3.66%	-5.56%	10.73B	11.13B	+3.66%	+83.89%	-1.7%
Q2 FY2010	30 Jul 2010	0.83	0.87	+4.82%	+4.82%	10.95B	11.35B	+3.61%	+92.31%	-1.7%
Q1 FY2010	4 May 2010	0.75	0.83	+10.67%	+12.16%	10.32B	11.42B	+10.66%	+112.10%	+1.6%
Q4 FY2009	16 Feb 2010	0.79	0.80	+1.27%	-8.05%	10.09B	10.09B	0.00%	+67.32%	+2.0%
Q3 FY2009	22 Oct 2009	0.82	0.90	+9.76%	+12.50%	5.51B	6.05B	+9.76%	+1.78%	+0.6%
Q2 FY2009	21 Jul 2009	0.77	0.83	+7.79%	-3.49%	5.47B	5.90B	+7.79%	-2.51%	+6.1%
Q1 FY2009	21 Apr 2009	0.77	0.74	-3.90%	-16.85%	5.60B	5.39B	-3.90%	-7.50%	-6.6%
Q4 FY2008	3 Feb 2009	0.74	0.87	+17.57%	+8.75%	5.13B	6.03B	+17.57%	-3.37%	+6.3%
Q3 FY2008	22 Oct 2008	0.79	0.80	+1.27%	+6.67%	5.87B	5.94B	+1.27%	-2.14%	-6.5%
Q2 FY2008	21 Jul 2008	0.83	0.86	+3.61%	+4.88%	5.84B	6.05B	+3.61%	-0.98%	-6.2%
Q1 FY2008	21 Apr 2008	0.86	0.89	+3.49%	+5.95%	5.63B	5.82B	+3.49%	+0.91%	-0.3%
Q4 FY2007	30 Jan 2008	0.74	0.80	+8.11%	+60.00%	5.77B	6.24B	+8.11%	+3.29%	-2.8%
Q3 FY2007	22 Oct 2007	0.69	0.75	+8.70%	+47.06%	5.59B	6.07B	+8.70%	+12.27%	+2.9%
Q2 FY2007	23 Jul 2007	0.72	0.82	+13.89%	+12.33%	5.37B	6.11B	+13.89%	+5.89%	+6.8%
Q1 FY2007	19 Apr 2007	0.84	0.84	0.00%	+7.69%	5.77B	5.77B	0.00%	+6.65%	+0.9%
Q4 FY2006	30 Jan 2007	0.50	0.50	0.00%	-21.88%	6.04B	6.04B	0.00%	+4.82%	-1.3%
Q3 FY2006	20 Oct 2006	0.50	0.51	+2.00%	-21.54%	5.30B	5.41B	+2.00%	-0.11%	+2.6%
Q2 FY2006	24 Jul 2006	0.65	0.73	+12.31%	+17.74%	5.14B	5.77B	+12.31%	+5.56%	+4.3%
Q1 FY2006	20 Apr 2006	0.72	0.78	+8.33%	+25.81%	4.99B	5.41B	+8.33%	+0.89%	+1.7%
Q4 FY2005	31 Jan 2006	0.62	0.64	+3.23%	+28.00%	5.59B	5.77B	+3.23%	+0.31%	+0.1%
Q3 FY2005	24 Oct 2005	0.62	0.65	+4.84%	+8.33%	5.15B	5.42B	+5.08%	-2.20%	+3.2%
Q2 FY2005	21 Jul 2005	0.62	0.62	0.00%	-21.52%	5.47B	5.47B	0.00%	-9.20%	-1.5%
Q1 FY2005	21 Apr 2005	0.59	0.62	+5.08%	-15.07%	5.47B	5.36B	-1.97%	-4.77%	+0.6%
Q4 FY2004	25 Jan 2005	0.50	0.50	0.00%	-19.35%	5.75B	5.75B	0.00%	+2.15%	+3.7%
Q3 FY2004	21 Oct 2004	0.71	0.60	-15.49%	-27.71%	6.40B	5.54B	-13.41%	-3.89%	-0.4%
Q2 FY2004	21 Jul 2004	0.79	0.79	0.00%	-4.82%	6.02B	6.02B	0.00%	+8.98%	-0.5%
Q1 FY2004	22 Apr 2004	0.72	0.73	+1.39%	-3.95%	5.55B	5.63B	+1.39%	+1.07%	+0.5%
Q4 FY2003	27 Jan 2004	0.62	0.62	0.00%	-25.30%	5.63B	5.63B	0.00%	-59.57%	+0.3%
Q3 FY2003	22 Oct 2003	0.85	0.83	-2.35%	0.00%	5.90B	5.76B	-2.35%	+6.19%	-6.5%
Q2 FY2003	21 Jul 2003	0.84	0.83	-1.19%	+7.79%	13.44B	5.53B	-58.89%	-56.87%	-3.2%
Q1 FY2003	21 Apr 2003	0.76	0.76	0.00%	+7.04%	13.39B	5.57B	-58.39%	-54.22%	+1.9%
Q4 FY2002	28 Jan 2003	0.83	0.83	0.00%	+2.47%	13.92B	13.92B	0.00%	+10.83%	+5.1%
Q3 FY2002	18 Oct 2002	0.83	0.83	0.00%	-1.19%	12.89B	5.43B	-57.91%	-54.48%	+0.6%
Q2 FY2002	19 Jul 2002	0.77	0.77	0.00%	-1.28%	12.81B	12.81B	0.00%	+7.71%	-1.2%
Q1 FY2002	18 Apr 2002	0.71	0.71	0.00%	0.00%	12.17B	12.17B	0.00%	+7.26%	+2.8%
Q4 FY2001	22 Jan 2002	0.80	0.81	+1.25%	+8.00%	12.40B	12.56B	+1.27%	+9.51%	+2.2%
Q3 FY2001	18 Oct 2001	0.83	0.84	+1.20%	+7.69%	11.78B	11.92B	+1.20%	+12.79%	-4.0%
Q2 FY2001	20 Jul 2001	0.78	0.78	0.00%	+6.85%	11.89B	11.89B	0.00%	+25.49%	-1.3%
Q1 FY2001	20 Apr 2001	0.71	0.71	0.00%	+12.70%	11.35B	11.35B	0.00%	+28.17%	-5.9%
Q4 FY2000	23 Jan 2001	0.75	0.75	0.00%	+13.64%	11.47B	11.47B	0.00%	+27.93%	-3.4%
Q3 FY2000	20 Oct 2000	0.73	0.78	+6.85%	+21.88%	9.89B	10.57B	+6.85%	+28.94%	+5.6%
Q2 FY2000	24 Jul 2000	0.69	0.73	+5.80%	+19.67%	8.96B	9.48B	+5.80%	+18.19%	+9.1%
Q1 FY2000	24 Apr 2000	0.62	0.63	+1.61%	+14.55%	8.71B	8.85B	+1.61%	+17.44%	+3.1%
Q4 FY1999	26 Jan 2000	0.66	0.66	0.00%	+13.79%	8.96B	8.96B	0.00%	+19.02%	+2.7%
Q3 FY1999	21 Oct 1999	0.64	0.64	0.00%	+14.29%	8.20B	8.20B	0.00%	+19.85%	+3.9%
Q2 FY1999	23 Jul 1999	0.61	0.61	0.00%	+8.93%	8.02B	8.02B	0.00%	+23.92%	-0.1%
Q1 FY1999	23 Apr 1999	0.54	0.55	+1.85%	+14.58%	7.40B	7.54B	+1.85%	+24.39%	-2.7%
Q4 FY1998	26 Jan 1999	0.58	0.58	0.00%	+11.54%	7.53B	7.53B	0.00%	+20.84%	+3.6%
Q3 FY1998	16 Oct 1998	0.56	0.56	0.00%	+12.00%	6.84B	6.84B	0.00%	+15.36%	+2.1%
Q2 FY1998	21 Jul 1998	0.54	0.56	+3.70%	+16.67%	6.24B	6.47B	+3.70%	+9.50%	-7.1%
Q1 FY1998	16 Apr 1998	0.48	0.48	0.00%	+14.29%	6.06B	6.06B	0.00%	+8.82%	-3.3%
Q4 FY1997	27 Jan 1998	0.51	0.52	+1.96%	+18.18%	6.11B	6.23B	+2.00%	+15.28%	+0.4%
Q3 FY1997	16 Oct 1997	0.50	0.50	0.00%	+19.05%	5.93B	5.93B	0.00%	+18.95%	-4.5%
Q2 FY1997	17 Jul 1997	0.48	0.48	0.00%	+20.00%	5.91B	5.91B	0.00%	+20.38%	+8.4%
Q1 FY1997	16 Apr 1997	0.42	0.42	0.00%	+20.00%	5.57B	5.57B	0.00%	+22.90%	+1.3%
Q4 FY1996	28 Jan 1997	0.43	0.44	+2.33%	+25.71%	5.28B	5.41B	+2.38%	+18.63%	+2.9%
Q3 FY1996	16 Oct 1996	0.41	0.42	+2.44%	+20.00%	4.86B	4.98B	+2.44%	+19.47%	+1.1%
Q2 FY1996	18 Jul 1996	0.40	0.40	0.00%	+14.29%	—	4.91B	—	+18.69%	+2.6%
Q1 FY1996	17 Apr 1996	0.35	0.35	0.00%	+12.90%	—	4.53B	—	+18.68%	+0.4%
Q4 FY1995	23 Jan 1996	0.35	0.35	0.00%	+12.90%	—	4.56B	—	+17.71%	+0.9%
Q3 FY1995	17 Oct 1995	0.35	0.35	0.00%	+12.90%	—	4.17B	—	+10.00%	-0.8%
Q2 FY1995	20 Jul 1995	0.34	0.35	+2.94%	+12.90%	—	4.14B	—	+9.06%	-1.5%
Q1 FY1995	19 Apr 1995	0.30	0.31	+3.33%	+14.81%	—	3.82B	—	+8.62%	-2.0%
Q4 FY1994	24 Jan 1995	0.31	0.31	0.00%	0.00%	—	3.87B	—	+29.02%	-0.7%
Q3 FY1994	18 Oct 1994	0.31	0.31	0.00%	0.00%	—	3.79B	—	+49.05%	-1.7%
Q2 FY1994	20 Jul 1994	0.31	0.31	0.00%	0.00%	—	3.79B	—	+47.34%	-0.9%
Q1 FY1994	19 Apr 1994	0.27	0.27	0.00%	0.00%	—	3.51B	—	+47.68%	-1.3%
Q4 FY1993	25 Jan 1994	0.30	0.31	+3.33%	+506.77%	—	3.00B	—	+15.37%	+2.9%
Q3 FY1993	18 Oct 1993	0.30	0.31	+3.33%	—	—	2.54B	—	—	+4.1%
Q2 FY1993	20 Jul 1993	0.30	0.31	+3.33%	+6.90%	—	2.57B	—	+8.42%	+3.5%
Q1 FY1993	20 Apr 1993	0.26	0.27	+3.85%	—	—	2.38B	—	—	+4.6%
Q4 FY1992	26 Jan 1993	0.27	0.27	0.00%	+17.29%	—	2.46B	—	+6.50%	-4.3%
Q4 FY1992	31 Dec 1992	—	0.05	—	-77.81%	—	2.60B	—	+12.41%	-1.4%
Q2 FY1992	30 Jun 1992	—	0.29	—	+20.83%	—	2.37B	—	+11.84%	-0.3%
Q4 FY1991	31 Mar 1992	—	0.25	—	+31.44%	—	2.22B	—	+5.91%	+0.1%
Q4 FY1991	31 Dec 1991	—	0.23	—	+21.03%	—	2.31B	—	+10.22%	+0.2%
Q3 FY1991	30 Sept 1991	—	0.24	—	+20.00%	—	2.12B	—	+10.61%	+1.1%
Q2 FY1991	30 Jun 1991	—	0.24	—	+20.00%	—	2.12B	—	+11.75%	0.0%
Q4 FY1990	31 Mar 1991	—	0.21	—	+31.09%	—	2.05B	—	+16.34%	0.0%
Q4 FY1990	31 Dec 1990	—	0.19	—	+18.73%	—	2.10B	—	+19.21%	+1.3%
Q3 FY1990	30 Sept 1990	—	0.20	—	+17.65%	—	1.91B	—	+17.24%	+5.4%
Q2 FY1990	30 Jun 1990	—	0.20	—	+17.65%	—	1.90B	—	+19.81%	+0.4%
Q4 FY1989	31 Mar 1990	—	0.17	—	+33.33%	—	1.76B	—	-70.39%	+1.2%
Q4 FY1989	31 Dec 1989	—	0.16	—	+25.65%	—	1.76B	—	-70.35%	+1.4%
Q3 FY1989	30 Sept 1989	—	0.17	—	+30.77%	—	1.63B	—	+11.17%	0.0%
Q2 FY1989	30 Jun 1989	—	0.17	—	+21.43%	—	1.59B	—	+5.69%	-1.5%
Q4 FY1988	31 Mar 1989	—	0.15	—	+62.16%	—	1.57B	—	-68.95%	-0.2%
Q4 FY1988	31 Dec 1988	—	0.13	—	+37.84%	—	5.94B	—	+17.35%	-0.9%
Q3 FY1988	30 Sept 1988	—	0.13	—	+30.00%	—	1.47B	—	+12.42%	-1.5%
Q2 FY1988	30 Jun 1988	—	0.14	—	+40.00%	—	1.50B	—	+20.05%	+2.7%
Q4 FY1987	31 Mar 1988	—	0.12	—	+77.78%	—	1.44B	—	-65.20%	-0.2%
Q4 FY1987	31 Dec 1987	—	0.09	—	+37.04%	—	5.06B	—	+22.58%	-0.2%
Q3 FY1987	30 Sept 1987	—	0.10	—	+42.86%	—	1.31B	—	+23.99%	+0.5%
Q2 FY1987	30 Jun 1987	—	0.10	—	+42.86%	—	1.25B	—	+24.31%	-1.1%
Q4 FY1986	31 Mar 1987	—	0.08	—	+52.38%	—	1.11B	—	-68.68%	+1.1%
Q4 FY1986	31 Dec 1986	—	0.07	—	+28.57%	—	4.13B	—	+16.39%	-1.8%
Q3 FY1986	30 Sept 1986	—	0.07	—	+16.67%	—	1.05B	—	+23.12%	-0.8%
Q2 FY1986	30 Jun 1986	—	0.07	—	—	—	1.01B	—	—	+1.1%
Q4 FY1985	31 Mar 1986	—	0.07	—	—	—	921.10M	—	—	+2.7%
Q4 FY1985	31 Dec 1985	—	0.05	—	—	—	3.55B	—	—	+0.6%
Q3 FY1985	30 Sept 1985	—	0.06	—	—	—	855.80M	—	—	-0.3%

Period	EPS estimate	Reported EPS	Surprise	EPS growth	Revenue estimate	Reported revenue	Surprise	Revenue growth
FY2028	9.92	—	—	+11.26%	73.58B	—	—	+6.00%
FY2027	8.91	—	—	+222.00%	69.42B	—	—	+3.27%
FY2026	2.77	—	—	-69.14%	67.22B	—	—	+3.40%
FY2025	8.93	8.97	+0.40%	+17.41%	64.85B	65.01B	+0.25%	+1.31%
FY2024	7.53	7.64	+1.48%	+409.33%	63.99B	64.17B	+0.29%	+6.74%
FY2023	1.38	1.50	+8.93%	-79.95%	59.97B	60.11B	+0.24%	+1.40%
FY2022	7.39	7.48	+1.16%	+19.49%	59.12B	59.28B	+0.27%	+21.72%

The move is the shares' change on the trading day after the report: after a report after the close, the next day's close on the report day's; before the open, the report day's close on the day before's. Surprise is the reported figure against the analysts' average estimate.

Q4 FY2026

What the market is waiting forWhat is the market waiting for in a report? The two to four figures investors watch most in a company's next earnings report, each with the number analysts or the company expect, and after the report, whether it came in.

From the last earnings call, the company's guidance and analysts' previews, and checked against the report when it comes.

High importanceWaiting for 2 Feb

Annual sales outlook

ExpectedAnnual revenue guidance of about $69.5 billionanalysts' consensus

The resultComes with the report on 2 Feb

The outlook will show whether newer medicines can offset declining sales of older drugs.

Beat recordWhat is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.

On average, analysts' EPS estimate was 22.1% off the result, either way, and their revenue estimate 1.8%, over the last 12 quarters.

EPS beats: 93 / 135
Revenue beats: 84 / 120
Average EPS surprise, last 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.: +20.9%
Since: January 1993

Common questions about Merck & Co's earnings

Source: Financial Modeling Prep

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Merck & Co earningsWhat is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.

EPS and revenue against estimates

Revenue

EPS

What the market is waiting forWhat is the market waiting for in a report? The two to four figures investors watch most in a company's next earnings report, each with the number analysts or the company expect, and after the report, whether it came in.

Annual sales outlook

Spending outlook

Beat recordWhat is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.

Common questions about Merck & Co's earnings

When is Merck & Co's next earnings date?

What were Merck & Co's last earnings?

How often does Merck & Co beat earnings estimates?

How does Merck & Co's stock move after earnings?

What time does Merck & Co report earnings?

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Merck & Co DQuotes are delayed by 15 minutes

MRK

Merck & Co earningsWhat is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.

EPS and revenue against estimates

Revenue

EPS

What the market is waiting forWhat is the market waiting for in a report? The two to four figures investors watch most in a company's next earnings report, each with the number analysts or the company expect, and after the report, whether it came in.

Annual sales outlook

Beat recordWhat is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.

Common questions about Merck & Co's earnings

When is Merck & Co's next earnings date?

What were Merck & Co's last earnings?

How often does Merck & Co beat earnings estimates?

How does Merck & Co's stock move after earnings?

What time does Merck & Co report earnings?

Need help?

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