RTTNews | Oct 28, 2021 06:55AM EDT

06:55 Thursday, October 28, 2021 (RTTNews.com) - Merck & Co Inc. (MRK) announced a profit for its third quarter that increased from last year.

The company's profit totaled $4.57 billion, or $1.80 per share. This compares with $2.32 billion, or $0.92 per share, in last year's third quarter.

Excluding items, Merck & Co Inc. reported adjusted earnings of $4.44 billion or $1.75 per share for the period.

Analysts had expected the company to earn $1.55 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 20.3% to $13.15 billion from $10.93 billion last year.

Merck & Co Inc. earnings at a glance:

-Earnings (Q3): $4.44 Bln. vs. $3.49 Bln. last year.-EPS (Q3): $1.75 vs. $1.37 last year.-Analysts Estimate: $1.55-Revenue (Q3): $13.15 Bln vs. $10.93 Bln last year.

-Guidance:Full year EPS guidance: $5.65 - $5.70Full year revenue guidance: $47.4 to $47.9 Bln

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