3 Stocks to Buy Following Robust Quarterly Results [Yahoo! Finance]
Pfizer, Inc. (PFE)
Last pfizer, inc. earnings: 4/28 06:45 am
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US:NYSE Investor Relations:
investors.pfizer.com/investors-overview/default.aspx
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Source: Yahoo! Finance
And throughout the period, several companies, including Pfizer PFE, Philip Morris PM, and Tenet Healthcare THC, have stolen the spotlight, with each raising guidance. Let's take a closer look at the reports. Pfizer shares have largely been disappointing in 2024, up 3% and widely underperforming relative to the S&P 500. Still, the recent set of favorable results could perk shares up in the near term, with the company raising its current-year sales guidance by a solid $1.5 billion while also raising its adjusted EPS outlook. Image Source: Zacks Investment Research Strong demand for Paxlovid following a recent wave of COVID-19 helped drive the better-than-expected results, with successful cost-cutting measures also providing tailwinds. Impressively, the company is now on track to achieve at least $4 billion in cost savings by the end of its FY24. The successful cost-cutting plan is quite significant here for obvious reasons, namely margin expansion. As shown below, the company
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PFE
News
- Is Pfizer (NYSE:PFE) a High-Yielding Dividend Stock Worth Buying? [Yahoo! Finance]Yahoo! Finance
- Is Moderna (NASDAQ:MRNA) Stock a Buy at Current Levels? [Yahoo! Finance]Yahoo! Finance
- Rand Paul hits 'Biden/Harris CDC' over COVID-19 vaccine guidance for 6-month-olds [FOX News]FOX News
- GSK dips as lower vaccine sales weigh on Q3 2024 results [Seeking Alpha]Seeking Alpha
- Why Pfizer Stock Tumbled on Tuesday [Yahoo! Finance]Yahoo! Finance
PFE
Earnings
- 10/29/24 - Beat
PFE
Sec Filings
- 10/31/24 - Form 4
- 10/29/24 - Form 8-K
- 10/16/24 - Form 4
- PFE's page on the SEC website