Reply to thread

Message

<blockquote data-quote="WPLG" data-source="post: 26199" data-attributes="member: 158">Sales of Pfizer’s COVID-19 vaccine and treatment pushed the drugmaker well past expectations in the first quarter, as profit grew 61%.The coronavirus vaccine Comirnaty brought in more than $13 billion in sales, and the treatment Paxlovid added another $1.5 billion as company revenue swelled 77%, the company said Tuesday.Pfizer posted adjusted earnings of $1.62 per share in the first quarter, on $25.66 billion in revenue.Analysts expected per-share earnings of $1.49 on about $24.1 billion in sales, according to FactSet.Pfizer Inc., based in New York, also revised its 2022 earnings forecast to reflect an accounting policy change. It now expects adjusted earnings of $6.25 to $6.45 per share.That's down from its previous forecast for $6.35 to $6.55 per share.Analysts forecast earnings of $7.14 per share.Shares ticked slightly higher before the opening bell Thursday.<a href="https://www.local10.com/business/2022/05/03/pfizer-tops-q1-expectations-revises-2022-forecast/" target="_blank">Continue reading...</a></blockquote>

[QUOTE="WPLG, post: 26199, member: 158"] Sales of Pfizer’s COVID-19 vaccine and treatment pushed the drugmaker well past expectations in the first quarter, as profit grew 61%. The coronavirus vaccine Comirnaty brought in more than $13 billion in sales, and the treatment Paxlovid added another $1.5 billion as company revenue swelled 77%, the company said Tuesday. Pfizer posted adjusted earnings of $1.62 per share in the first quarter, on $25.66 billion in revenue. Analysts expected per-share earnings of $1.49 on about $24.1 billion in sales, according to FactSet. Pfizer Inc., based in New York, also revised its 2022 earnings forecast to reflect an accounting policy change. It now expects adjusted earnings of $6.25 to $6.45 per share. That's down from its previous forecast for $6.35 to $6.55 per share. Analysts forecast earnings of $7.14 per share. Shares ticked slightly higher before the opening bell Thursday. [url="https://www.local10.com/business/2022/05/03/pfizer-tops-q1-expectations-revises-2022-forecast/"]Continue reading...[/url] [/QUOTE]

Verification