Pfizer Inc. (PFE) reported earnings for second quarter that decreased from the same period last year but beat the Street estimates.
The company's earnings came in at $41 million, or $0.01 per share. This compares with $2.327 billion, or $0.41 per share, in last year's second quarter.
Excluding items, Pfizer Inc. reported adjusted earnings of $3.400 billion or $0.60 per share for the period.
Analysts on average had expected the company to earn $0.46 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 2.1% to $13.283 billion from $13.007 billion last year.
Pfizer Inc. earnings at a glance (GAAP) :
-Earnings (Q2): $41 Mln. vs. $2.327 Bln. last year.-EPS (Q2): $0.01 vs. $0.41 last year.-Revenue (Q2): $13.283 Bln vs. $13.007 Bln last year.
-Guidance:Full year EPS guidance: $2.45 to $2.65Full year revenue guidance: $59.5 to $62.5 Bln
For comments and feedback contact: editorial@rttnews.com
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.