Pfizer (NYSE:PFE) Third Quarter 2024 Results
Key Financial Results
- Revenue: US$17.7b (up 34% from 3Q 2023).
- Net income: US$4.47b (up from US$2.39b loss in 3Q 2023).
- Profit margin: 25% (up from net loss in 3Q 2023).
- EPS: US$0.79 (up from US$0.42 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Pfizer Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 19%. Earnings per share (EPS) also surpassed analyst estimates by 161%.
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 10% growth forecast for the Pharmaceuticals industry in the US.
Performance of the American Pharmaceuticals industry.
The company's shares are down 1.4% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Pfizer has 4 warning signs (and 1 which can't be ignored) we think you should know about.
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About NYSE:PFE
Pfizer
Pfizer Inc. discovers, develops, manufactures, markets, distributes, and sells biopharmaceutical products in the United States, Europe, and internationally.
Established dividend payer and good value.
