Pfizer (PFE) Trims FY12 adj.-EPS Outlook on AstraZeneca (AZN) NEXIUM Deal

August 13, 2012 4:48 PM EDT
Pfizer (NYSE: PFE) is updating its previous 2012 Adjusted R&D Expense guidance range from $6.5 - $7.0 billion to $6.75 - $7.25 billion and its previous 2012 Adjusted Diluted EPS guidance range from $2.14 - $2.24 to $2.12 - $2.22 and its previous 2012 Reported Diluted EPS guidance range from $1.23 - $1.38 to $1.21 - $1.36, while maintaining the other elements of its 2012 financial guidance.

The Street sees EPS of $2.22 for FY12.

The adjustments come following the OTC Nexium license acquisition deal with AstraZeneca (NYSE: AZN).


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Guidance, Hot Guidance