4-27-12-Merck (NYSE:MRK) reported Q1 EPS of $0.99, topping estimates by a penny.Revenues in the quarter came in at $11.73 billion, short of estimates of $11.83 billion.Merck says current forex rate may hurt sales by 2%-3%.Merck still sees 2012 EPS $3.75-$3.85, vs. estimates of $3.81.SmarTrend currently has Merck in a Downtrend. Since 2008, SmarTrend subscribers trading Merck using our alerts outperformed the stock by 67%. We are monitoring these developments and will alert subscribers to any change in trend.
