Pfizer Q4 Earnings Eke Out Unexpected Profit Despite Lower COVID Product Sales

Key TakeawaysPfizer reported a surprise profit in the fourth quarter despite double-digit revenue contraction.Adjusted income came in at $593 million or 10 cents per diluted share versus a loss expected by analysts.Fourth quarter revenue fell 41$14.2 billion.Pfizer Inc. (PFE) delivered a surprise profit in the fourth quarter despite a double-digit contraction in revenue. Pfizer shares were up 1.8% in early trading Tuesday following the release.While analysts expected wider quarterly los ...