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Compared to Estimates, Pfizer (PFE) Q3 Earnings: A Look at Key Metrics
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For the quarter ended September 2023, Pfizer (PFE - Free Report) reported revenue of $13.23 billion, down 41.6% over the same period last year. EPS came in at -$0.17, compared to $1.78 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $13.77 billion, representing a surprise of -3.93%. The company delivered an EPS surprise of +46.88%, with the consensus EPS estimate being -$0.32.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Pfizer performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenues- Oncology- Ibrance; United States: $838 million compared to the $858.89 million average estimate based on four analysts. The reported number represents a change of -3.9% year over year.
Revenues- Oncology- Ibrance- Total International: $406 million versus $400.06 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -1.2% change.
Revenue- Pharmaceutical-Specialty Care-International: $2.01 billion versus $2.01 billion estimated by four analysts on average.
Revenue- Pharmaceutical-Specialty Care-US: $1.75 billion versus $1.66 billion estimated by four analysts on average.
Revenue- Primary Care - Comirnaty direct sales and alliance revenues - Alliance: $1.31 billion versus $1.93 billion estimated by four analysts on average.
Revenue- Primary Care- Nurtec ODT/Vydura- Worldwide: $233 million versus $286.39 million estimated by four analysts on average.
Revenues- Specialty Care- Xeljanz- Worldwide: $503 million versus the four-analyst average estimate of $422.65 million. The reported number represents a year-over-year change of +0.2%.
Revenues- Specialty Care- Vyndaqel family- Worldwide: $892 million versus $815.46 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +48.2% change.
Revenue- Specialty Care- Oxbryta- Worldwide: $85 million versus $93.37 million estimated by four analysts on average.
Revenues- Primary Care- Paxlovid - Worldwide: $202 million versus the four-analyst average estimate of $489.48 million.
Revenues- Oncology- Xtandi alliance revenues- Worldwide: $313 million compared to the $331.02 million average estimate based on four analysts. The reported number represents a change of -2.2% year over year.
Revenues- Specialty Care- Enbrel- Worldwide: $208 million versus $204.95 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -9.6% change.
Shares of Pfizer have returned -10% over the past month versus the Zacks S&P 500 composite's -2.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Compared to Estimates, Pfizer (PFE) Q3 Earnings: A Look at Key Metrics
For the quarter ended September 2023, Pfizer (PFE - Free Report) reported revenue of $13.23 billion, down 41.6% over the same period last year. EPS came in at -$0.17, compared to $1.78 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $13.77 billion, representing a surprise of -3.93%. The company delivered an EPS surprise of +46.88%, with the consensus EPS estimate being -$0.32.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Pfizer performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenues- Oncology- Ibrance; United States: $838 million compared to the $858.89 million average estimate based on four analysts. The reported number represents a change of -3.9% year over year.
- Revenues- Oncology- Ibrance- Total International: $406 million versus $400.06 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -1.2% change.
- Revenue- Pharmaceutical-Specialty Care-International: $2.01 billion versus $2.01 billion estimated by four analysts on average.
- Revenue- Pharmaceutical-Specialty Care-US: $1.75 billion versus $1.66 billion estimated by four analysts on average.
- Revenue- Primary Care - Comirnaty direct sales and alliance revenues - Alliance: $1.31 billion versus $1.93 billion estimated by four analysts on average.
- Revenue- Primary Care- Nurtec ODT/Vydura- Worldwide: $233 million versus $286.39 million estimated by four analysts on average.
- Revenues- Specialty Care- Xeljanz- Worldwide: $503 million versus the four-analyst average estimate of $422.65 million. The reported number represents a year-over-year change of +0.2%.
- Revenues- Specialty Care- Vyndaqel family- Worldwide: $892 million versus $815.46 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +48.2% change.
- Revenue- Specialty Care- Oxbryta- Worldwide: $85 million versus $93.37 million estimated by four analysts on average.
- Revenues- Primary Care- Paxlovid - Worldwide: $202 million versus the four-analyst average estimate of $489.48 million.
- Revenues- Oncology- Xtandi alliance revenues- Worldwide: $313 million compared to the $331.02 million average estimate based on four analysts. The reported number represents a change of -2.2% year over year.
- Revenues- Specialty Care- Enbrel- Worldwide: $208 million versus $204.95 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -9.6% change.
View all Key Company Metrics for Pfizer here>>>Shares of Pfizer have returned -10% over the past month versus the Zacks S&P 500 composite's -2.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.