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Merck KGaA (OTCMKTS:MKKGY) Announces Quarterly Earnings Results, Beats Expectations By $0.07 EPS

Merck KGaA logo with Medical background
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Merck KGaA (OTCMKTS:MKKGY - Get Free Report) issued its earnings results on Thursday. The company reported $0.54 EPS for the quarter, topping analysts' consensus estimates of $0.47 by $0.07, Zacks reports. Merck KGaA had a net margin of 12.89% and a return on equity of 10.41%. The business had revenue of $5.78 billion for the quarter, compared to the consensus estimate of $5.40 billion.

Merck KGaA Stock Performance

Shares of Merck KGaA stock traded down $0.51 during midday trading on Monday, hitting $29.05. The company had a trading volume of 50,537 shares, compared to its average volume of 127,932. Merck KGaA has a 12-month low of $27.68 and a 12-month high of $39.17. The company has a fifty day simple moving average of $29.24 and a 200 day simple moving average of $31.88. The company has a quick ratio of 0.91, a current ratio of 1.33 and a debt-to-equity ratio of 0.28. The stock has a market cap of $18.77 billion, a price-to-earnings ratio of 17.93, a PEG ratio of 2.05 and a beta of 0.98.

About Merck KGaA

(Get Free Report)

Merck KGaA operates as a science and technology company in Germany. It operates through Life Science, Healthcare, and Electronics segments. The company's Life Science segment offers tools, chemicals, and equipment for academic labs, biotech, and pharmaceutical manufacturers, as well as industrial sector.

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Earnings History for Merck KGaA (OTCMKTS:MKKGY)

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