Pfizer shares are trading higher after the company reported Q3 adjusted EPS and sales that beat analyst estimates and raised its 2024 guidance.
Portfolio Pulse from Benzinga Newsdesk
Pfizer shares rose as the company reported Q3 adjusted EPS and sales that exceeded analyst expectations and increased its 2024 guidance.
October 29, 2024 | 10:52 am
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Pfizer's Q3 results surpassed analyst expectations for both EPS and sales, leading to a rise in share price. The company also raised its 2024 guidance, indicating strong future performance.
Pfizer's better-than-expected Q3 earnings and sales, along with an upward revision of its 2024 guidance, are positive indicators for the company's financial health and future performance. This news is likely to boost investor confidence, leading to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100