At least four companies reported earnings last week as earnings season winds down. Merck KGaA (Xetra:MRK) added $2.4 billion to its valuation after beating the Street's EPS and revenue estimates and raising its 2012 revenue and EBITDA guidance. In the earnings release, Merck said it "expects markets for innovative biopharmaceuticals and over-the-counter preparations to grow, driven by volume growth in the emerging markets." In February, the company announced a cost-cutting program across all its businesses and functional areas (see BioCentury, March 19). (A) Fiscal 4Q; Mcap in $M

Company

2Q12 EPS est

2Q12 EPS actual

Outcome

Growth from 2Q11

8/17 cls

Wk chg

% chg

Mcap chg

8/17 Mcap