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Pfizer (PFE) Misses Q4 EPS by 2c, Offers FY20 Guidance

January 28, 2020 6:47 AM

Pfizer (NYSE: PFE) reported Q4 EPS of $0.55, $0.02 worse than the analyst estimate of $0.57. Revenue for the quarter came in at $12.7 billion versus the consensus estimate of $12.61 billion.

GUIDANCE:

Pfizer sees FY2020 EPS of $2.82-$2.92, versus the consensus of $2.90. Pfizer sees FY2020 revenue of $48.5-50.5 billion, versus the consensus of $49.52 billion.

Revenues

$48.5 to $50.5 billion

Adjusted Cost of Sales(3) as a Percentage of Revenues

19.9% to 20.9%

Adjusted SI&A Expenses(3)

$12.0 to $13.0 billion

Adjusted R&D Expenses(3)

$8.1 to $8.5 billion

Adjusted Other (Income)/Deductions(3)

Approximately $800 million of income

Effective Tax Rate on Adjusted Income(3)

Approximately 15.0%

Adjusted Diluted EPS(3)

$2.82 to $2.92

For earnings history and earnings-related data on Pfizer (PFE) click here.

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