Merck KGaA
MRK: XETR (DEU)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|@B | LOCK|rsM! | LOCK|>VN!>%fn |
Merck KGaA Earnings: Guidance Cut Due to Foreign Exchange Trade Headwinds; Shares Undervalued
Merck KGaA reported second-quarter profit lower than the company-compiled consensus. Sales decreased by 2%, influenced by foreign exchange headwinds, which offset organic revenue growth of 2%. Adjusted EBITDA fell by 3.1%. Shares were trading 3% lower intraday after results.
