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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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  • Calvin_GKH
    ·2022-05-04
    Omg
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  • KCtan1688
    ·2022-05-04
    Like
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  • Remotecam
    ·2022-05-03
    $Pfizer(PFE)$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.
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  • WJ77
    ·2022-05-03
    🤔🤔
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  • JarenSin
    ·2022-05-03
    It will still go up nevertheless.
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  • KPTan
    ·2022-05-03
    Tq for sharing
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  • jilimi
    ·2022-05-03
    👍
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  • JohnL
    ·2022-05-03
    Yo
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  • SC2021
    ·2022-05-03
    Soar
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  • Ahleepapa
    ·2022-05-03
    THE BIG SHORT🤡
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  • Trijordan
    ·2022-05-03
    Sad
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  • patuick
    ·2022-05-03
    Sigh... When not loved by market, even when profitable, company will be "punished".
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  • james_l
    ·2022-05-03
    Might be a buying opportunity
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  • phibilim
    ·2022-05-03
    Oh no
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  • hynne
    ·2022-05-03
    like
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  • Mr Mooney
    ·2022-05-03
    Why slip? Earning is good.right?
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  • redmondboy
    ·2022-05-03
    Oh no
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  • blessed_1
    ·2022-05-03
    ok
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