Pfizer(PFE)

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Pfizer(PFE) - 2025 Q1 - Quarterly Results
2025-04-29 12:02
Financial Performance - First-quarter 2025 revenues totaled $13.7 billion, a decrease of 8% compared to $14.9 billion in the prior-year quarter[5] - Reported diluted EPS for the first quarter of 2025 was $0.52, down 5% from $0.55 in the same quarter of 2024, while adjusted diluted EPS increased by 12% to $0.92[5][4] - The global biopharmaceuticals business reported revenues of $13.4 billion, an 8% decline from $14.6 billion in the previous year[6] - The company reaffirmed its full-year 2025 financial guidance, projecting revenues between $61.0 billion and $64.0 billion and adjusted diluted EPS between $2.80 and $3.00[7] - Total revenues for Q1 2025 were $13.715 billion, a decrease of 8% compared to $14.879 billion in Q1 2024[26] - Product revenues decreased by 9% to $11.294 billion in Q1 2025 from $12.443 billion in Q1 2024[26] - Alliance revenues were $2.113 billion, down 3% from $2.172 billion in the previous year[26] - Net income attributable to Pfizer Inc. common shareholders was $2.967 billion, a decrease of 5% from $3.115 billion in Q1 2024[26] - Earnings per share (EPS) for Q1 2025 were $0.52, down 5% from $0.55 in Q1 2024[26] - Total revenues for 2025 were $13,715 million, a decrease of 8% compared to 2024[43] Cost Savings and Efficiency - Pfizer is on track to achieve approximately $4.5 billion in net cost savings by the end of 2025, with additional productivity gains expected through 2027[4] - Pfizer announced approximately $1.2 billion in additional anticipated savings from its ongoing cost realignment program, expected to be achieved by the end of 2027[19] - The company expects total net cost savings of approximately $5.7 billion from the cost realignment program through 2027[19] - Pfizer expects approximately $4.5 billion in net cost savings from its ongoing cost realignment program by the end of 2025[4] - The company expects one-time costs to achieve additional savings to total approximately $1.6 billion, primarily for severance and digital enablement[19] Research and Development - R&D expenses for the first quarter of 2025 were $2.2 billion, a decrease of 12% compared to the prior year, reflecting a focus on pipeline optimization[12] - Research and development expenses decreased by 12% to $2.203 billion in Q1 2025 from $2.493 billion in Q1 2024[26] - The Phase 3 CREST trial of sasanlimab showed a 32% reduction in the risk of disease-related events compared to standard of care in high-risk non-muscle invasive bladder cancer patients[18] - The Phase 3 VERITAC-2 trial demonstrated a statistically significant improvement in progression-free survival for vepdegestrant compared to fulvestrant in the ESR1m population[18] Product Performance - Paxlovid revenues decreased by 75% year-over-year, primarily due to lower COVID-19 infections and the non-recurrence of a favorable adjustment from the previous year[13] - Vyndaqel family revenues increased by 33% operationally, driven by strong demand in the U.S. and international markets[11] - Primary Care revenues fell by 21% to $5,696 million, with significant declines in key products like Paxlovid, which dropped 76% to $491 million[43] - Specialty Care revenues increased by 4% to $3,987 million, driven by the Vyndaqel family, which saw a 31% increase to $1,486 million[43] - Oncology revenues rose by 6% to $3,758 million, with Ibrance revenues decreasing by 7% to $977 million[43] - Total alliance revenues decreased by 3% to $2,113 million, while total royalty revenues increased by 16% to $308 million[43] Tax and Income - The effective tax rate on adjusted income for the first quarter of 2025 was 7.8%, down from 16.6% in the prior year[15] - The effective tax rate for income from continuing operations was -6.8% in Q1 2025, compared to 8.6% in Q1 2024[32] - GAAP reported net income for Q1 2025 was $953 million, a decrease from $3,115 million in Q1 2024, representing a decline of approximately 69%[37] - Non-GAAP adjusted net income for Q1 2025 was $5,237 million, compared to $4,674 million in Q1 2024, indicating an increase of about 12%[37] - Earnings per share attributable to Pfizer Inc. common shareholders for Q1 2025 was $0.92, up from $0.82 in Q1 2024, reflecting a growth of approximately 12%[37] Strategic Initiatives and Risks - Pfizer's acquisition of Seagen in December 2023 is expected to enhance growth opportunities and market presence[48] - The company is implementing a Manufacturing Optimization Program aimed at reducing costs and improving efficiency[48] - Pfizer's financial guidance remains subject to significant uncertainties, including regulatory approvals and market dynamics[49] - The company faces risks related to competition from new product entrants, generic products, and biosimilars, which could impact revenue growth[50] - There are uncertainties regarding the demand for COVID-19 products, which may lead to reduced revenues and excess inventory[50] - The company is exposed to fluctuations in interest rates and foreign currency exchange rates, which could affect financial performance[50] - Significant issues with major wholesale distributors or government customers could impact a substantial portion of revenues[50] - The company is at risk of legal and regulatory challenges that may affect product pricing and access, particularly in the U.S. and international markets[53] - The potential impact of climate change and natural disasters on operations is a concern for the company[53] - The company is undertaking corporate strategic initiatives that may require upfront costs but could yield unexpected consequences[53] - There are risks associated with the company's ability to achieve climate-related goals and progress in environmental sustainability[53] - The company is facing challenges related to cybersecurity threats, including potential cyber-attacks and data breaches[57] - The company is involved in collaborations for co-research and co-development of products, which may vary by market[56]
If You'd Invested $10,000 in Pfizer Stock 10 Years Ago, Here's How Much You'd Have Today
The Motley Fool· 2025-04-29 11:45
Things were going great, right until the point when they weren't.Few would dispute that Pfizer (PFE 0.63%) is an icon within the pharmaceutical world. And, giving credit where it's due, the drugmaker largely led the charge against the COVID-19 pandemic with both a vaccine and treatment.Anyone keeping tabs on this ticker of late, however, likely knows it's also been a disappointment since its contagion-driven peak. Indeed, thanks to more than a 60% pullback from its late-2021 high, investors that committed $ ...
4月29日电,辉瑞公司重申2025年全年财务指引的所有组成部分,包括610亿美元至640亿美元的收入和2.80美元至3.00美元的调整后摊薄后每股收益。
快讯· 2025-04-29 10:59
智通财经4月29日电,辉瑞公司重申2025年全年财务指引的所有组成部分,包括610亿美元至640亿美元 的收入和2.80美元至3.00美元的调整后摊薄后每股收益。 ...
Pfizer Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Benzinga· 2025-04-29 06:45
Pfizer Inc. PFE will release earnings results for the first quarter, before the opening bell on Tuesday, April 29. Analysts expect the New York-based company to report quarterly earnings at 68 cents per share, down from 82 cents per share in the year-ago period. Pfizer projects to report quarterly revenue at $14.09 billion, compared to $14.88 billion a year earlier, according to data from Benzinga Pro. Guardant Health GH, on April 24, announced a strategic collaboration with Pfizer to support the developmen ...
Pfizer: I Am Locking In A 7.5% Dividend Yield Before Earnings
Seeking Alpha· 2025-04-27 10:11
Group 1 - Pfizer is expected to release its Q1 earnings soon, presenting a potential investment opportunity with a 7.55% dividend yield [1] - The dividend is considered highly likely to be safe due to Pfizer's stabilizing revenue trajectory [1] Group 2 - The article emphasizes the importance of thorough research and a long-term investment perspective in navigating market cycles [1]
PFE vs. LLY: Which Stock Should Value Investors Buy Now?
ZACKS· 2025-04-24 16:40
Investors interested in Large Cap Pharmaceuticals stocks are likely familiar with Pfizer (PFE) and Eli Lilly (LLY) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets companies with positive earnings est ...
Curious about Pfizer (PFE) Q1 Performance? Explore Wall Street Estimates for Key Metrics
ZACKS· 2025-04-24 14:20
The upcoming report from Pfizer (PFE) is expected to reveal quarterly earnings of $0.64 per share, indicating a decline of 22% compared to the year-ago period. Analysts forecast revenues of $13.88 billion, representing a decrease of 6.7% year over year.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Before a company announc ...
2 No-Brainer Stocks to Buy With Less Than $30
The Motley Fool· 2025-04-24 10:45
Having significant capital in the bank when investing in equities is helpful, but is by no means necessary. Even with a relatively modest sum, like $30, it's possible to acquire one whole share of a top corporation that's likely to perform well in the long run. If you're patient and hold on to it through the kind of market volatility we're experiencing, while occasionally purchasing more shares, that should result in excellent returns.Which stocks trading for less than $30 per share are worth investing in t ...
Pfizer Earnings Preview: Pharma May Plumb New Depths After Obesity Drug Debacle
Seeking Alpha· 2025-04-23 17:52
If you like what you have just read and want to receive at least 4 exclusive stock tips every week focused on Pharma, Biotech and Healthcare, then join me at my marketplace channel, Haggerston BioHealth . Invest alongside the model portfolio or simply access the investment bank-grade financial models and research. I hope to see you there.Pfizer Inc. (NYSE: PFE ), the New York-based Pharma giant whose COVID vaccine Comirnaty earned the company >$85bn between 2021–2023, and whose COVID antiviral Paxlovid earn ...
Analysts Estimate Pfizer (PFE) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2025-04-22 15:06
Wall Street expects a year-over-year decline in earnings on lower revenues when Pfizer (PFE) reports results for the quarter ended March 2025. 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 April 29. On the othe ...