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Pfizer Inc. (PFE), headquartered in New York, is a global biopharmaceutical company that discovers, develops, manufactures, markets, distributes, and sells biopharmaceutical products in the U.S., Europe, and internationally. It boasts a sustainable pipeline of late-stage programs and commands an impressive market cap of $164.9 billion. It plans to release its Q2 earnings for fiscal 2024 on Tuesday, Jul. 30.
Ahead of the event, analysts expect Pfizer to report a profit of $0.45 per share, down 32.8% from $0.67 per share in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in each of the last four quarters.