Categories AlphaGraphs, Earnings, Health Care

PFE Earnings: Key quarterly highlights from Pfizer’s Q3 2023 financial results

Pfizer Inc. (NYSE: PFE) reported third quarter 2023 earnings results today.

Revenues declined 42% year-over-year to $13.2 billion.

The company reported a net loss of $2.3 billion, or $0.42 per share, compared to net income of $8.6 billion, or $1.51 per share, last year. Adjusted loss per share was $0.17.

Both revenues and earnings surpassed projections but the stock stayed in red during premarket hours on Tuesday.   

For the full year of 2023, Pfizer expects revenue of $58-61 billion and adjusted EPS of $1.45-1.65.

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