Alexa
  • Directory of Taiwan

Pfizer tops 2Q profit forecasts

FILE - This Monday, Nov. 23, 2015, file photo, shows the Pfizer logo on display at the company's world headquarters in New York. Pfizer Inc. (PFE) on ...

FILE - This Monday, Nov. 23, 2015, file photo, shows the Pfizer logo on display at the company's world headquarters in New York. Pfizer Inc. (PFE) on ...

NEW YORK (AP) — Pfizer is reporting second-quarter profit of $3.07 billion.

The New York company had profit of 51 cents per share. Earnings, adjusted for one-time gains and costs, came to 67 cents per share, beating Wall Street expectations by 2 cents, according to a survey by Zacks Investment Research.

Revenue of $12.9 billion was just shy of analyst projections for revenue of $13.02 billion.

Pfizer expects full-year earnings in the range of $2.54 to $2.60 per share, with revenue in the range of $52 billion to $54 billion.

Shares of Pfizer Inc. have increased 2 percent this year.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PFE at https://www.zacks.com/ap/PFE

_____

Keywords: Pfizer, Earnings Report, Priority Earnings


Updated : 2021-08-03 02:49 GMT+08:00