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More on Pfizer (PFE) Q1 earnings: Sales fell 9% Y/Y - 8% operational, 1% unfavorable fx...

More on Pfizer (PFE) Q1 earnings: Sales fell 9% Y/Y - 8% operational, 1% unfavorable fx adjustment. Much of the operational decrease due to loss of exclusivity of Lipitor. Emerging markets revenue +6%. Adjusted cost of sales fell 7%. FY2013 revenue guidance reduced to $55.3B-$57.3B from $56.2B-$58.2B. Adjusted EPS of $2.14-$2.24 from $2.20-$2.30. About $8B in share repurchases YTD, "with significant additional capital expected to be allocated ... for the remainder of the year." Shares -2.2% premarket. Conference call at 10 ET. (PR)
Comments (4)
  • This is probably going to be their "kitchen sink" quarter.
    30 Apr 2013, 09:14 AM Reply Like
  • Time to add onto one's position?
    30 Apr 2013, 09:53 AM Reply Like
  • 2% is a tumble?
    30 Apr 2013, 10:38 AM Reply Like
  • In this market, any down day is a tumble.
    30 Apr 2013, 12:43 PM Reply Like
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