Why Pfizer Stock Tumbled on Tuesday [Yahoo! Finance]
Pfizer, Inc. (PFE)
Last pfizer, inc. earnings: 4/28 06:45 am
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Source: Yahoo! Finance
investors about its relationship with an activist investor in its ranks. Neither of these occurrences impressed the market, however, and the company's share price dipped by more than 1%. That was on a day when the S&P 500 index closed in the black, albeit modestly at 0.2%. Well before market open, Pfizer unveiled those quarterly results. These showed that the company's revenue was $17.7 billion, for a strong 32% year-over-year improvement when factoring sales of Covid treatment Paxlovid and vaccine Comirnaty. If those two high-profile products are taken out of the calculation, the healthcare giant's top-line growth would have been 14%. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » As for earnings, Pfizer's non-GAAP (adjusted) bottom line flipped into the black. The company earned a profit of just over $6 billion, quite a change from the $968 million loss in the year-ago period. This meant a pair of convincing beats
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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