NEW YORK (AP) — NEW YORK (AP) — Pfizer Inc. (PFE) on Tuesday reported second-quarter net income of $2.91 billion.
The New York-based company said it had profit of 51 cents per share. Earnings, adjusted for one-time gains and costs, were 78 cents per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share.
The drugmaker posted revenue of $14.65 billion in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $13.78 billion.
Pfizer expects full-year earnings in the range of $2.90 to $3.10 per share, with revenue in the range of $61 billion to $64 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PFE at https://www.zacks.com/ap/PFE
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