Stock Analiz

Merck & Co. (MRK) earnings for the quarter ended September 2026: EPS beats estimates

Published October 29, 2026 · updated November 15, 2026 · numbers from the company’s report, the analyst consensus and market prices

Merck & Co. reported results for the quarter ended September 2026 on October 29, 2026. Adjusted earnings per share came in at $2.49 against the analysts’ average forecast of $2.08, a beat of 19.6%.

Revenue for the quarter was $18.09 billion, up 4.7% from $17.28 billion in the same quarter a year earlier.

The market’s verdict: the stock rose 3.8% on the first trading day after the report.

The last four quarters

Merck & Co. has beaten the analysts’ EPS forecast in 4 of the last 4 quarters.

QuarterEPSForecastSurpriseRevenue growthPrice reaction
Sep 2026$2.49$2.08+19.6%+5%+3.8%
Jun 2026-$0.13-$0.26+49.4%+5%+0.4%
Mar 2026-$1.28-$1.47+13.2%+5%+1.1%
Dec 2025$2.04$2.01+1.5%+5%+4.4%

What comes next

Analysts expect EPS of $1.76 for the next quarter on average and $2.78 for the fiscal year ending December 31, 2026.

The average analyst price target is $161.53, 9% above the current price of $147.76.

Valuation and score

Merck & Co. scores 2.8 out of 5 overall on Stock Analiz (average), trades at a trailing P/E of about 150.8, and its intrinsic value under moderate assumptions is about 31% below the current market value. Full Merck & Co. analysis with 10 years of financials

Frequently asked questions

What was Merck & Co.’s EPS for the quarter ended September 2026?

$2.49 adjusted per share, against an analyst consensus of $2.08.

How much revenue did Merck & Co. report?

$18.09 billion, up 4.7% year over year.

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This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.