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Tuesday, November 1, 2011

Pfizer Inc. (PFE) Stock Down on Earnings

November 1, 2011 - Shares of Pfizer Inc. (PFE) are down slightly in pre market this morning after the company just reported earnings. PFE stock is currently trading at $18.80.


Third-Quarter 2011 Revenues of $17.2 Billion

Third-Quarter 2011 Adjusted Diluted EPS(1) of $0.62; Reported Diluted EPS(2) of $0.48, which Reflects a $1.3 Billion After-Tax Gain on Sale of Capsugel(3)

Increases 2011 Adjusted Diluted EPS(1) and Reported Diluted EPS(2) Guidance Ranges; Reaffirms 2012 Financial Targets

Repurchases $2.1 Billion and $6.5 Billion of Common Stock During Third-Quarter and Year-to-Date through October 31, 2011, Respectively; Increases 2011 Share Repurchase Target to between $7 Billion and $9 Billion

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