Merck & Co Inc

MRK: XNYS (USA)

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Merck Earnings: Gardasil Weighs on 2025 Growth, but Firm Still Undervalued

Karen Andersen

Feb 4, 2025

Fourth-quarter revenue grew 7% to $15.6 billion (including Keytruda growth of 21% to $7.8 billion), in line with overall 7% growth for the year. Shares fell more than 10% as Merck paused Gardasil shipments to China, and 2025 sales guidance of $64.1 billion-$65.6 billion implies flat to 2% growth.

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Merck & Co Inc

Merck Earnings: Gardasil Weighs on 2025 Growth, but Firm Still Undervalued

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