Pfizer (PFE) Misses Q4 EPS by 3c; Issues Lackluster Guidance
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PFIZER REPORTS FOURTH-QUARTER AND FULL-YEAR 2016 RESULTS
January 31, 2017 6:45 AM ESTPROVIDES 2017 FINANCIAL GUIDANCE
Full-Year 2016 Revenues of $52.8 Billion, Reflecting 11% Operational Growth; Full-Year 2016 Revenues for Pfizer Standalone (Excluding Legacy Hospira and Legacy Medivation) of $48.1 Billion, Reflecting 5% Operational Growth Fourth-Quarter 2016 Revenues of $13.6 Billion, Reflecting 1% Operational Decline, Unfavorably Impacted by Four Fewer U.S. Selling Days and Three Fewer International Selling Days Compared to the Prior-Year Quarter; Fourth-Quarter 2016 Pfizer Standalone Revenues of $12.3 Billion, Reflecting 2% Operational Decline Full-Year 2016 Reported Diluted EPS(1) of $1.17, Adjusted Diluted EPS(2) of $2.40; Fourth-Quarter 2016 Reported Diluted EPS(1) of $0.13, Adjusted Diluted EPS(2) of $0.47 Provides 2017 Financial... More