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-0.00058927519151446 -0.000345708112355168 0 -0.00058927519151446 0.000785700255352566 0.0023571007660577 0.000491062659595336 0.0023571007660577
Stock impact report

What Factors Will Drive Pfizer's Q1 Performance? [Forbes]

Pfizer, Inc. (PFE) 
Last pfizer, inc. earnings: 4/28 06:45 am Check Earnings Report
Company Research Source: Forbes
is scheduled to report its Q1 2024 results on Wednesday, May 1. We expect the company to post revenue of $13.8 billion and earnings of $0.50 on a per share and adjusted basis. The company is likely to see a continued decline in sales due to lower demand for its Covid-19 products — Paxlovid and Comirnaty. These two products together garnered $7 billion in Q1'23 and their sales are expected to be much lower in Q1'24. However, excluding the Covid-19 products, the company's sales will likely trend higher. Not only do we expect Pfizer to navigate well in Q1, we think its stock has some room for growth from its current levels of around $25. Our interactive dashboard analysis of has more details on how the company's revenues and earnings will likely trend for the quarter. So, what are some of the trends that are likely to drive Pfizer's results? Firstly, let us look at Pfizer's stock performance in recent years. PFE stock has faced a notable decline of 30% from levels of $35 in early Janu Show less Read more
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