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Here's What Key Metrics Tell Us About Pfizer (PFE) Q2 Earnings
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For the quarter ended June 2024, Pfizer (PFE - Free Report) reported revenue of $13.28 billion, up 4.3% over the same period last year. EPS came in at $0.60, compared to $0.67 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $13.13 billion, representing a surprise of +1.14%. The company delivered an EPS surprise of +33.33%, with the consensus EPS estimate being $0.45.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
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: $741 million versus $755.35 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -12.8% change.
Revenues- Oncology- Ibrance- Total International: $390 million compared to the $359.28 million average estimate based on four analysts. The reported number represents a change of -1.8% year over year.
Revenues- Specialty Care- Xeljanz- Total International: $122 million versus the four-analyst average estimate of $114.18 million. The reported number represents a year-over-year change of -10.3%.
Revenues- Specialty Care- Xeljanz- United States: $181 million versus $288.62 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -45.7% change.
Revenues- Oncology- Ibrance- Worldwide: $1.13 billion compared to the $1.11 billion average estimate based on four analysts. The reported number represents a change of -9.4% year over year.
Revenue- Specialty Care - Cibinqo: $47 million versus $57.35 million estimated by four analysts on average.
Revenue- Pharmaceutical- Oncology- Tukysa: $121 million versus the four-analyst average estimate of $115.25 million.
Revenue- Pharmaceutical- Oncology- Padcev: $394 million versus the four-analyst average estimate of $298.50 million.
Revenue- Pharmaceutical- Oncology- Adcetris: $279 million versus $266 million estimated by four analysts on average.
Revenues- Specialty Care- Xeljanz- Worldwide: $303 million versus $403.05 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -35.4% change.
Revenues- Oncology- Inlyta- Worldwide: $252 million versus $244.96 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -3.8% change.
Revenue- Specialty Care- Worldwide: $4.08 billion versus $3.99 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +11.8% change.
Shares of Pfizer have returned +8.9% over the past month versus the Zacks S&P 500 composite's +0.1% 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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Here's What Key Metrics Tell Us About Pfizer (PFE) Q2 Earnings
For the quarter ended June 2024, Pfizer (PFE - Free Report) reported revenue of $13.28 billion, up 4.3% over the same period last year. EPS came in at $0.60, compared to $0.67 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $13.13 billion, representing a surprise of +1.14%. The company delivered an EPS surprise of +33.33%, with the consensus EPS estimate being $0.45.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
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: $741 million versus $755.35 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -12.8% change.
- Revenues- Oncology- Ibrance- Total International: $390 million compared to the $359.28 million average estimate based on four analysts. The reported number represents a change of -1.8% year over year.
- Revenues- Specialty Care- Xeljanz- Total International: $122 million versus the four-analyst average estimate of $114.18 million. The reported number represents a year-over-year change of -10.3%.
- Revenues- Specialty Care- Xeljanz- United States: $181 million versus $288.62 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -45.7% change.
- Revenues- Oncology- Ibrance- Worldwide: $1.13 billion compared to the $1.11 billion average estimate based on four analysts. The reported number represents a change of -9.4% year over year.
- Revenue- Specialty Care - Cibinqo: $47 million versus $57.35 million estimated by four analysts on average.
- Revenue- Pharmaceutical- Oncology- Tukysa: $121 million versus the four-analyst average estimate of $115.25 million.
- Revenue- Pharmaceutical- Oncology- Padcev: $394 million versus the four-analyst average estimate of $298.50 million.
- Revenue- Pharmaceutical- Oncology- Adcetris: $279 million versus $266 million estimated by four analysts on average.
- Revenues- Specialty Care- Xeljanz- Worldwide: $303 million versus $403.05 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -35.4% change.
- Revenues- Oncology- Inlyta- Worldwide: $252 million versus $244.96 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -3.8% change.
- Revenue- Specialty Care- Worldwide: $4.08 billion versus $3.99 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +11.8% change.
View all Key Company Metrics for Pfizer here>>>Shares of Pfizer have returned +8.9% over the past month versus the Zacks S&P 500 composite's +0.1% 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.