Investing.com - Merck&Co reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Merck&Co announced earnings per share of $2.14 on revenue of $15.9B. Analysts polled by Investing.com anticipated EPS of $1.83 on revenue of $14.56B.
Merck&Co shares are up 10% from the beginning of the year and are trading at $84.41 , down-from-52-week-high.They are outperforming the S&P 500 which is down 12.22% from the start of the year.
Merck&Co follows other major Healthcare sector earnings this month
Merck&Co's report follows an earnings beat by UnitedHealth on Thursday, April 14, 2022, who reported EPS of $5.49 on revenue of $80.15B, compared to forecasts EPS of $5.36 on revenue of $78.73B.
J&J had beat expectations on Tuesday, April 19, 2022 with first quarter EPS of $2.67 on revenue of $23.43B, compared to forecast for EPS of $2.59 on revenue of $23.62B.
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