Company News: Pfizer (PFE) quarterly earnings beat analysts’ forecast

Market news

30 January 2018

Company News: Pfizer (PFE) quarterly earnings beat analysts’ forecast

Pfizer (PFE) reported Q4 FY 2017 earnings of $0.62 per share (versus $0.47 in Q4 FY 2016), beating analysts' consensus estimate of $0.56.

The company's quarterly revenues amounted to $13.703 bln (+0.6% y/y), generally in-line with analysts' consensus estimate of $13.675 bln.

The company also issued upside guidance for FY 2018, projecting EPS of $2.90-3.00 (versus analysts' consensus estimate of $2.78) at revenues of $53.5-55.5 bln (versus analysts' consensus estimate of $53.82 bln).

PFE fell to $38.90 (-0.31%) in pre-market trading.

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