
Leading pharmaceutical company Pfizer Inc. (PFE) raised its 2022 earnings guidance after booking a solid third quarter that beat Wall Street expectations. PFE’s Revenue exceeded analysts’ estimates by 7.3%, while its EPS surpassed analysts’ estimates by 10%.
The company expects its earnings per share to be $6.40 to $6.50 for the year, up from its previous forecast of $6.30 to $6.45, and expects revenue of $99.5 billion to $102 billion for the year.