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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: #Breeze who wrote (18594)12/17/2024 9:52:45 AM
From: Kirk ©  Read Replies (1) | Respond to of 26384
 
I just missed adding to PFE at the April low... Will we get another chance?
Message #18594 from #Breeze at 4/15/2024 8:20:36 PM

PFE Wave Count Update. Assume Wave 3 is complete.

tradingview.com
Pfizer issues 2025 outlook, reiterates 2024 guidance

Dec. 17, 2024 7:05 AM ET
Pfizer Inc. (PFE) Stock
By: Dulan Lokuwithana, SA News Editor

Pfizer (NYSE: PFE) shares traded higher in the premarket on Tuesday after the New York-based pharma giant issued its full-year 2025 guidance and reaffirmed its full-year 2024 outlook in line with Street forecasts.

The company expects its full-year 2025 revenues and adjusted diluted earnings per share to reach $61.0B-$64.0B and $2.80-$3.00, respectively, compared to $63.28B and $2.88 in the consensus.

Its unchanged 2024 outlook for revenue and adjusted diluted EPS stand at $61.0B–$64.0B and $2.75–$2.95 compared to $62.88B and $2.93 projected by analysts, respectively.

Its 2025 revenue outlook includes about $1B net unfavorable impact related to the Medicare Part D Redesign changes, specifically the $2,000 annual out-of-pocket cap required from the 2022 Inflation Reduction Act (IRA).

The COVID-19 vaccine maker said it has realized $4B in net cost savings through 2024 and intends to achieve $500M in additional savings next year through the ongoing cost realignment program.

Pfizer (NYSE: PFE) will hold an analyst webcast on Tuesday at 8:30 a.m. EST to provide additional commentary.