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Pfizer's 44% Decline In Profits Still Tops Estimates—Stock Bounces From Decade Low
PFEPfizer(PFE) Forbes·2024-05-01 11:02

ToplinePfizer comfortably beat expectations in its quarterly earnings report Wednesday morning, as the American pharmaceutical giant attempts to regain its footing as the COVID-19 pandemic subsides. Pfizer CEO Albert Bourla is navigating his company through a trying time.POOL/AFP via Getty Images Key FactsPfizer’s 0.55dilutedearningspershareand0.55 diluted earnings per share and 14.9 billion in first-quarter sales smashed respective forecasts of 0.51and0.51 and 13.87 billion, according to average analyst estimates. With Pfizer’s top line ...