Pfizer Beats EPS Estimates, Lowers 2012 View
Pfizer posts adjusted profit of 50 cents a share in the fourth quarter, ahead of analysts' estimates.
- Pfizer (PFE) - Get Report, the drugmaker, reported a fourth-quarter adjusted profit of $3.86 billion, or 50 cents a share.
- Revenue was $16.75 billion.
- Analysts polled by Thomson Reuters expected earnings of 47 cents a share on revenue of $16.61 billion.
- In the year-earlier fourth quarter, Pfizer earned 47 cents a share on revenue of $17.6 billion.
- Pfizer said it expects 2012 adjusted earnings of $2.20 to $2.30 a share, down from previous projections of $2.25 to $2.35 a share.
