Pfizer Earnings Preview
Portfolio Pulse from Benzinga Insights
Pfizer (NYSE:PFE) is set to release its quarterly earnings report on 2023-08-01, with analysts estimating an EPS of $0.57. Last quarter, Pfizer beat EPS estimates by $0.25, but this was followed by a 1.56% drop in share price. Over the last 52-week period, Pfizer's shares are down 27.51%.
July 31, 2023 | 2:01 pm
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NEGATIVE IMPACT
Pfizer's upcoming earnings report could impact its stock price. Despite beating EPS estimates last quarter, the share price dropped 1.56%. The stock is down 27.51% over the last 52 weeks.
Pfizer's stock price has been on a downward trend, with a 27.51% drop over the last 52 weeks. Despite beating EPS estimates last quarter, the share price dropped 1.56% the next day. This suggests that even if Pfizer beats the EPS estimate in the upcoming earnings report, the stock price may still decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100