Pfizer (PFE) will report its second-quarter 2024 earnings on Jul 30, before market open. The Zacks Consensus Estimate for sales and earnings is pegged at $13.22 billion and 45 cents per share, respectively. Earnings estimates for Pfizer have risen from $2.38 to $2.39 per share over the past seven days. For 2025, earnings estimates have been stable at $2.75 per share over the same timeframe.Image Source: Zacks Investment ResearchEarnings Surprise HistoryThe healthcare bellwether’s performance has been solid, ...

With danuglipron, Pfizer could become a major player in the massive GLP-1 agonist market.If there's one thing healthcare giant Pfizer (PFE -0.12%) really needs right now, it's a compelling growth catalyst. This year, the company isn't expecting much in the way of growth and investors are unsure about how strong its long-term prospects are, which explains why the stock is in such a slump -- down more than 25% in three years.But sometimes all it takes is one successful product to turn a company's fortunes aro ...

Pfizer on Wednesday said its experimental gene therapy for a rare genetic blood-clotting disorder succeeded in a large late-stage trial, paving the way for a potential approval.The treatment for hemophilia A could become the company's second gene therapy to enter the U.S. market after Beqvez, which was cleared in April for a less common type of the bleeding disorder called hemophilia B. Pfizer is co-developing the therapy with Sangamo Therapeutics, whose shares rose more than 60% on Wednesday following the ...

Wall Street expects a year-over-year decline in earnings on higher revenues when Pfizer (PFE) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 30. On the other ...

Neither is a leader right now, but one of them might be on track to change that.Both Pfizer (PFE 0.88%) and Roche Holdings (RHHBY -0.18%) rank among the world's most powerful pharmaceutical companies. Yet neither is actively competing in the all-important market for weight loss drugs, which is currently being split between the likes of Novo Nordisk and Eli Lilly.Still, both have ongoing plans to develop weight loss pills. If those plans pan out, the returns are likely to be enormous. So which of these dark ...

The pharma's latest push to develop a weight loss pill isn't going well.On July 11, Pfizer (PFE 0.88%) made an announcement that came as a bit of a surprise to biopharma industry experts and Wall Street analysts alike. It's planning on advancing one of its early-stage weight loss programs into mid-stage trials. In due time, the move could make it a direct competitor to the weight loss market's tycoons, Novo Nordisk and Eli Lilly.Alas, shareholders are more likely to be left wanting than they are to experien ...

Loading...Loading...Pfizer Inc PFE, one of the world’s largest pharmaceutical firms, is on the verge of a bullish Golden Cross, a significant technical indicator suggesting potential upward momentum for the stock.Currently, PFE stock is trading at around $30, showing a year-to-date gain of 2.6%, despite being down 16% over the past year.Chart created using Benzinga ProThe golden cross, where the short-term moving average crosses above the long-term moving average, is viewed by traders as a bullish signal.Ch ...

Participants completed primary vaccination series (3 doses) with VLA15Primary vaccination series to be followed by a booster approximately one year after completion New York, NY and Saint-Herblain (France), July 17, 2024 – Pfizer Inc. (NYSE: PFE) and Valneva SE (Nasdaq: VALN; Euronext Paris: VLA) today announced that the participants of the Phase 3 trial “Vaccine Against Lyme for Outdoor Recreationists” (VALOR) have completed the primary vaccination series (three doses) of Lyme disease vaccine candidate VLA ...

For Immediate ReleaseChicago, IL – July 17, 2024 – Today, Zacks Equity Research discusses Eli Lilly (LLY) , Novo Nordisk (NVO) , Merck (MRK) and Pfizer (PFE) .Industry: Big PharmaLink: https://www.zacks.com/commentary/2302224/4-large-drug-stocks-to-watch-as-innovation-ma-pick-upThe drug and biotech industry is showing some promising trends in 2024, driven by an increase in mergers and acquisitions (M&A) and positive pipeline news. Large drugmakers have several robust revenue streams and are mostly profitabl ...

Medical Properties Trust's yield looks appealing, but it wouldn't have made up for the stock's 70% decline over the last three years.You've probably thought about whether that 13%-yielding stock could be a steal of a deal. All that dividend income could be significant. And so what if you lose money on the stock -- the dividend income could help make up for it. Plus, if things turn out well, the stock could even rise in value, giving you some great returns along with all that dividend income.That's undoubted ...