More on Merck Q4: Net profit falls to $781M


Merck (MRK +2.1%) net profit $781M vs $908M a year earlier,

Earnings were hurt by patent expirations and currency fluctuations.

Sales breakdown: Pharmaceuticals flat at $9.76B, with Januvia +4%, Zetia +9%, Remicade +9%, Janumet +11%, Gardasil -9%; Animal Health -1%, consumer care +1%.

Guidance: 2014 adjusted EPS of $3.35-3.53 vs consensus of $3.48; revenues $42.4-43.2B vs $43.35B. (PR)

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