Monday, July 28, 2014

Merck Reports Q2 2014 Earnings Tomorrow. . . What To Expect?

I'll guess that revenue will be a little light; bottom line will be on target for the year -- and currencies will have taken about 1.7 per cent to 1.9 per cent from global sales. Per Forbes reporting, then:

. . . .Despite not changing over the past month, the consensus estimate is down (to 81 cents) from three months ago when it was 84 cents. For the fiscal year, analysts are expecting earnings of $3.49 per share.

After being $11.01 billion a year ago, analysts project revenue to drop 4% year-over-year to $10.61 billion for the quarter. For the year, revenue is projected to roll in at $42.57 billion. . . .

See you an hour before NYSE open, tomorrow, then.


Anonymous said...

I believe this is the first quarter with the new CFO on deck. I'm much more interested to see what his take and direction is than the numbers you've probably gotten right!

Condor said...

Me too, honestly!

Namaste -- do stop back!