Post a Free Blog

Submit A Press Release

At CWEB, we are always looking to expand our network of strategic investors and partners. If you're interested in exploring investment opportunities or discussing potential partnerships and serious inquiries. Contact: jacque@cweb.com

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
Anime
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Dark Comedy
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Music
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Thriller
Truck Series (TRUCK)
True Crime
Ultimate Fighting Championship (UFC)
US
Valorant
Western
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeBusinessCWEB Business News Pfizer Surpasses Q2 Earnings Expectations and Boosts Full-Year Profit...

CWEB Business News Pfizer Surpasses Q2 Earnings Expectations and Boosts Full-Year Profit Outlook

Add to Favorite
Added to Favorite

Pfizer Inc. (NYSE: PFE) delivered a stronger-than-anticipated second-quarter performance, beating analyst estimates and prompting an upward revision of its annual profit forecast. The pharmaceutical leader’s stock surged more than 4% following the earnings release, reflecting investor optimism.

For Q2 2024, Pfizer reported earnings per share (EPS) of $0.78, significantly exceeding the $0.57 consensus forecast. Revenue climbed 10% year-over-year to $14.7 billion, surpassing expectations of $13.47 billion. The company attributed its robust performance to improved operational efficiency, lower tax rates, and favorable foreign exchange impacts.

Dr. Albert Bourla, Pfizer’s Chairman and CEO, highlighted the company’s strong execution, commercial momentum, and progress in its drug development pipeline as key factors behind the positive results. “This quarter demonstrates our ability to deliver both financial growth and innovative healthcare solutions,” Bourla stated.

In light of its Q2 success, Pfizer raised its full-year adjusted EPS guidance to $2.90–$3.10, a $0.10 increase at the midpoint. While the company maintained its revenue outlook of $61.0 billion to $64.0 billion for 2024, the upward revision in profit expectations signals confidence in continued margin improvements and cost management.

The strong earnings report reinforces Pfizer’s position as a leader in the pharmaceutical industry, with investors closely watching its pipeline developments and commercial strategy for sustained growth.

 

XMicro.com

 

 

Celebrity WEB Update— Premier Jewelry designer and manufacturer, fashion house ParisJewelry.com has started manufacturing a new custom line of celebrity jewelry designs with 30% Off and Free Shipping. Replenish Your Body- Refilter Your Health with OrganicGreek.com Vitamin Bottles, Vitamins, and Herbs. Become a  WebFans  Creator and Influencer. Check the New Special XMicro Razors for Men & Women, 1 Razor, 7 Blade Refills with German Stainless Steel, Lubricated with Vitamin E for Smooth Shave, Shields Against Irritation, Version X Men|Women

Subscribe to get Latest News Updates

Latest News

You may like more
more