Here's How to Play Pfizer (PFE) Stock Ahead of Q1 Earnings [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
The Zacks Consensus Estimate for the drug giant's first-quarter revenues stands at $13.86 billion, while the same for earnings per share is pegged at 56 cents, both indicating significant declines from the year-ago quarter. Pfizer's top-line numbers in the first quarter of 2024 will include revenues from the acquisition of Seagen, which closed in mid-December 2023. The acquisition added Seagen's antibody-drug conjugates or ADCs — Adcetris, Padcev, Tukysa and Tivdak — to Pfizer's cancer portfolio. Excluding Seagen revenues, Pfizer's revenues are expected to have declined in the first quarter of 2024 due to steep declines in revenues from its COVID-19 products on lower demand. Pfizer records direct sales and alliance revenues from its partner, BioNTech BNTX, for the COVID-19 vaccine, Comirnaty, and product revenues from its oral antiviral pill for COVID, Paxlovid. While sales of COVID products are declining due to lower demand, some key non-COVID products like Prevnar, Vyndaqel
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PFE
Earnings
- 5/1/24 - Beat
PFE
Sec Filings
- 5/9/24 - Form S-8
- 5/8/24 - Form 10-Q
- 5/1/24 - Form 4
- PFE's page on the SEC website