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Pfizer's stock rises as earnings beat expectations, company seeks ‘clean slate' in 2024
PfizerPfizer(US:PFE) Market Watch·2024-01-30 20:23

Shares of Pfizer Inc. PFE, +0.04% gained 0.7% early Tuesday after the company beat analysts’ earnings expectations and reaffirmed its full-year 2024 guidance issued in December. The drugmaker reported a fourth-quarter net loss of 3.37billion,or60centsashare,comparedwithnetincomeof3.37 billion, or 60 cents a share, compared with net income of 4.995 billion, or 87 cents a share, in the year-earlier period. Adjusted earnings per share came to 10 cents, beating the FactSet consensus of a loss of 18 cents per share. Revenues totaled $14.249 billion in the quar ...