Pfizer: Q4 Earnings Snapshot
By AP News
Published - Jan 30, 2024, 07:00 AM ET
Last Updated - Jan 30, 2024, 07:00 AM EST
NEW YORK (AP) — NEW YORK (AP) — Pfizer Inc. (PFE) on Tuesday reported a loss of $3.37 billion in its fourth quarter.
The New York-based company said it had a loss of 60 cents per share. Earnings, adjusted for one-time gains and costs, were 10 cents per share.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 19 cents per share.
The drugmaker posted revenue of $14.25 billion in the period, which fell short of Street forecasts. Six analysts surveyed by Zacks expected $14.36 billion.
