BioCentury on BioBusiness,
Finance
Table: EPS watch
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Published on
Monday, August 20, 2012
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
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Company
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2Q12 EPS est
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2Q12 EPS actual
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Outcome
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Growth from 2Q11
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8/17 cls
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Wk chg
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% chg
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Mcap chg
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8/17 Mcap
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