Germany's Merck KGaA Beats Expectations With Strong Results -- Market Talk

Dow Jones
11/13

0757 GMT - Germany's Merck KGaA reported a strong set of third-quarter results, with adjusted earnings beating expectations, which should help its shares when the market opens, J.P. Morgan analysts say in a research note. Quarterly sales were 2% ahead of consensus expectations and Ebitda before exceptional items beat forecasts by 7%, the analysts say. Both at the top and bottom lines, the performance of Merck's electronics business is the main driver the better-than-expected results, JPM says. The company also tightened its full-year guidance ranges. This, together with the better-than-forecast results, could lead to small upgrades to consensus expectations and to shares outperforming, the analysts say. (adria.calatayud@wsj.com)

 

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November 13, 2025 02:57 ET (07:57 GMT)

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