Tuesday, November 1, 2022

Pfizer Boosts FY22 Outlook As Q3 Results Top Estimates

Pfizer Inc. reported a profit for the third quarter that increased six percent from last year, reflecting higher benefit from tax resolutions for multiple years, despite a 6 percent decline in revenues. Both adjusted earnings and quarterly revenues topped analysts' expectations. The company also raised its adjusted earnings and revenue guidance for the full-year 2022.

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