Merck is trading 5.6% higher at $148.79 after reporting third-quarter results on October 29 that exceeded analyst expectations.
- Third-quarter revenue was $18.1 billion and adjusted EPS was $2.49; Keytruda sales reached $8.6 billion.
- Winrevair sales grew 93% to $694 million.
- Merck raised 2026 adjusted EPS outlook to $2.77–$2.82 from $2.66–$2.76 and increased the low end of its sales forecast to $66.8 billion.