Merck sees Q1 EPS at 0.58-0.64 usd, raises FY estimate to 2.40-2.55 usd |
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Published
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Wed, 28 Feb 2007 14:16
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LONDON (AFX) - Merck & Co., Inc. said it anticipates reported first-quarter EPS of 0.58-0.64 usd. Excluding restructuring charges related to site closures and position eliminations, it sees first-quarter EPS at 0.63-0.67 usd.The guidance does not reflect the establishment of reserves for potential liability relating to litigation over the controversial Vioxx painkiller.It also raised its anticipated full-year 2007 reported EPS range to 2.40-2.55 usd, and its full-year EPS range excluding the above restructuring charges to 2.55-2.65 usd.Thomson Firstcall analysts' estimate was for first-quarter EPS of 0.60 usd and full-year EPS of 2.62 usd.newsdesk@afxnews.comicCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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Merck KGaA says 6.2 mln new shares placed at 87.00 eur/shr UPDATE 