Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : PFE (Pfizer) How high will it go? -- Ignore unavailable to you. Want to Upgrade?

To: BigKNY3 who wrote (3914)	7/4/1998 4:39:00 PM
From: BigKNY3	Read Replies (4) \| Respond to of 9523

Here is a challenge for the PFEr Board. Second quarter PFE earnings will be reported around Wednesday, July 15, 1998. This earnings report will include the impact of Viagra sales on the bottom line for the first time. All PFErs, Pharmers, and lurkers are invited to submit entries. The Challenge will be open until midnight of the night before the official PFE earnings press release. Entries can be changed at anytime during the contest. Good luck!! _________________________________________________________ PFE 2nd Quarter, 1998 Earnings The Challenge What will be the PFE Earnings Per Share for the 2nd Quarter, 1998? $___________ Please provide a sentence or two to support your estimate. References PFE Zachs earning consensus 2nd Quarter, 1998 EPS estimates: $0.43 (+23%) (Range: $0.41-$0.55) research.web.aol.com ____________________________________ To start the ball rolling , here is my entry: What will be the PFE Earnings Per Share for the 2nd Quarter, 1998? $0.46, a 31.4% increase over 2nd Quarter, 1998. Rationale: -Viagra sales will be $300 million + ...surpassing analysts' estimates -Large launch expenditures -Trovan, Lipitor, Norvasc, Zoloft, and Zithromax sales all strong. -Foreign exchange will reduce earnings by 4% -PFE traditionally does not beat the Consensus by more than $0.02.