Merck Sales Miss, But Earnings, 2018 Revenue Outlook Strong

Merck (MRK) on Friday reported adjusted income of 98 cents per share on sales of $10.43 billion for the fourth quarter, compared with adjusted profit of 89 cents per share and $10.12 billion in year-earlier sales.

X Analysts polled by Zacks Investment Research called for adjusted earnings of 94 cents a share on $10.45 billion in sales.

For 2018, the Dow industrials' Merck guided to sales of $41.2 billion to $42.7 billion. The consensus had modeled adjusted profit of $4.11 per share and...

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