Merck Forecasts 2024 Sales Guidance Of $63.1B-$64.3B Versus Prior Guidance Of $62.7B-$64.2B And Consensus Of $63.82B
Portfolio Pulse from Benzinga Newsdesk
Merck has updated its 2024 sales guidance to $63.1B-$64.3B, an increase from its previous forecast of $62.7B-$64.2B, and slightly below the consensus estimate of $63.82B.
April 25, 2024 | 10:33 am
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Merck's updated sales guidance for 2024 suggests a positive outlook, with a slight increase from previous forecasts but just below market consensus.
Merck's upward revision of its sales guidance indicates a strong outlook and potential for growth, which is generally positive for the stock. However, being slightly below consensus might temper immediate market reaction, but the overall positive guidance update is likely to be viewed favorably by investors.
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