Erste Group Bank Boosts Merck Earnings Forecast to $2.75
Erste Group Bank has raised its forecast for Merck & Co., Inc.'s (NYSE:MRK) earnings per share for fiscal year 2026. The bank now expects $2.75 per share, up from a previous estimate of $2.70.
This new prediction surpasses the current consensus estimate of $2.76 per share. Merck & Co., Inc.'s most recent quarterly results exceeded expectations, with revenue of $16.61 billion and a 5.1% year-over-year increase in revenue growth.
The company's oncology and animal health segments contributed to its strong performance. Merck maintained its guidance for adjusted earnings per share in fiscal year 2026 at $2.66-$2.76.