Pfizer beats quarterly estimates despite Covid product decline, reaffirms modest outlook
PfizerPfizer(US:PFE) CNBC·2026-02-03 11:57

Albert Bourla, CEO of Pfizer, speaking on Squawk on the Street at the World Economic Forum in Davos, Switzerland on Jan. 20, 2026.Pfizer on Tuesday reported fourth-quarter results that topped estimates even amid dwindling demand for its Covid products, while reaffirming its modest 2026 guidance that rattled investors in December.The pharmaceutical giant is looking to longer-term investments in its pipeline, including its $10 billion acquisition of the obesity biotech Metsera, to counter waning Covid product ...

Pfizer beats quarterly estimates despite Covid product decline, reaffirms modest outlook - Reportify