Earnings

Pfizer (PFE) Q3 earnings 2022

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Vials containing the Pfizer/BioNtech vaccine against the coronavirus disease (COVID-19) are displayed before being used at a mobile vaccine clinic, in Valparaiso, Chile, January 3, 2022.

Rodrigo Garrido | Reuters

Pfizer on Tuesday raised its 2022 earnings guidance after booking a strong third quarter that beat Wall Street expectations.

It now expects earnings per share of $6.40 to $6.50 for the year, up from its previous forecast of $6.30 to $6.45. The pharmaceutical company also raised the lower end of its sales guidance and now expects revenue of $99.5 billion to $102 billion for the year.

Pfizer raised its full-year sales guidance for its Covid-19 vaccine to $34 billion this year, up $2…



Source cnbc.com

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