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Pfizer Inc. Q1 adjusted earnings Beat Estimates

Pfizer Inc. (PFE) announced a profit for its first quarter that advanced from last year.

The company's bottom line totaled $3.88 billion, or $0.68 per share. This compares with $3.56 billion, or $0.59 per share, in last year's first quarter.

Excluding items, Pfizer Inc. reported adjusted earnings of $4.89 billion or $0.85 per share for the period.

Analysts had expected the company to earn $0.75 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.6% to $13.12 billion from $12.91 billion last year.

Pfizer Inc. earnings at a glance:

-Earnings (Q1): $4.89 Bln. vs. $4.56 Bln. last year.
-EPS (Q1): $0.85 vs. $0.75 last year.
-Analysts Estimate: $0.75
-Revenue (Q1): $13.12 Bln vs. $12.91 Bln last year.

Full year EPS guidance: $2.83 to $2.93
Full year revenue guidance: $52.0 to $54.0 Bln

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