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Stock impact report

Pfizer Stock Slides as Covid-19 Product Sales Continue to Decline [Yahoo! Finance]

Pfizer, Inc. (PFE) 
Last pfizer, inc. earnings: 4/28 06:45 am Check Earnings Report
Company Research Source: Yahoo! Finance
The pharmaceutical company posted a net loss of $1.65 billion, or $0.29 per share, compared with a $410 million profit, or $0.07 per share, in the same period last year. Adjusted earnings of $0.66 per share beat analyst expectations of $0.57 per share. Warning! GuruFocus has detected 5 Warning Signs with PFE. Is PFE fairly valued? Test your thesis with our free DCF calculator. Total revenue fell 1% to $17.56 billion, slightly above Wall Street estimates of $16.85 billion. Pfizer attributed the decline to lower Covid-19 cases and reduced recommendations for its Comirnaty vaccine, which saw revenue drop 35%. Paxlovid sales fell about 70%. Looking ahead, Pfizer reaffirmed its 2026 guidance, expecting adjusted earnings of $2.80 to $3.00 per share and revenue between $59.5 billion and $62.5 billion. The company is also expanding its pipeline, highlighting positive results from a phase two trial of the PF3944 GLP-1 weight-loss drug acquired through Metsera, showing a 12.3% averag Show less Read more
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