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NeutralMEDIUM severityTech & AI20d ago

Merck hikes revenue outlook as new drug sales grow, but cuts profit guidance due to deal charges

Reported by CNBC · cnbc.com · August 4, 2026

Merck cut its profit guidance due to a charge tied to its acquisition of biotech company Terns Pharmaceuticals.

What the tape says

What to watch: Merck & Co. Inc. (MRK) cut guidance — a cut like this often precedes further estimate revisions across the sector.

Market reaction today: $MRK -1.24%

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