Pfizer Stock Slipped 1.53% after Posting Financial Results

Tiger Newspress2022-05-03

Pfizer stock slipped 1.53% after posting financial results.

Pfizer Q1 Non-GAAP EPS of $1.62 beats by $0.05.

Revenue of $25.7B (+77.0% Y/Y) beats by $970M.

Reflecting 82% Operational Growth; Excluding Contributions from Comirnaty and Paxlovid, Revenues Increased 2% Operationally

Reaffirms Full-Year 2022 Financial Guidance(4) for Revenues of $98.0 to $102.0 Billion vs. $105.9B consensus, Which Includes Operational Increases Offset by Approximately $2 Billion of Negative Foreign Exchange Impacts

Reaffirms 2022 Revenue Guidance for Comirnaty of Approximately $32 Billion, Despite a ~$1 Billion Unfavorable Impact from Foreign Exchange

Reaffirms 2022 Revenue Guidance for Paxlovid of Approximately $22 Billion, Despite a ~$0.5 Billion Unfavorable Impact from Foreign Exchange

Full-Year 2022 Financial Guidance for Adjusted Diluted EPS Revised to a Range of $6.25 to $6.45 vs. $7.13 consensus Solely to Reflect an $0.11 Negative Impact for an Accounting Policy Change to Include All Acquired In-Process R&D Expenses in Adjusted Results

Operational Increases Offset the Additional Negative Impact of $0.11 Due to Unfavorable Foreign Exchange.

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Comments

  • Calvin_GKH
    2022-05-04
    Calvin_GKH
    Omg
  • KCtan1688
    2022-05-04
    KCtan1688
    Like
  • Remotecam
    2022-05-03
    Remotecam
    $Pfizer(PFE)$stock downtrend, driven only by market makers sentiment that the covid pandamic record earnings is over and it's time to leave.  Outflow would have been worse if they missed estimates.
  • WJ77
    2022-05-03
    WJ77
    🤔🤔
  • JarenSin
    2022-05-03
    JarenSin
    It will still go up nevertheless.
  • KPTan
    2022-05-03
    KPTan
    Tq for sharing
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