Wall Street Grand LLC, a leading investor newsletter is pleased to announce to the investment community and Wall Street Grand members market moving news about Pfizer Inc’s. (NYSE:PHE) huge leap in the 4Q coming out with a nice profit. Pfizer Inc. (NYSE:PHE) trades on the “New York Stock Exchange” under the symbol: PHE. To learn more about Pfizer Inc. (PHE), make sure to visit our exclusive website http://www.wallstreetgrand.com/.
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On Wednesday, Pfizer Inc. (NYSE:PFE), beat Wall Streets Expectations and posted a 34% increase in revenue. Pfizer said their income accumulated to $767 million, which nearly triple from it previous year earnings. That profit is equal to earnings per share of 10 cents, or 49 cents after excluding one-time items.
"We are pleased with the rapid pace of integration and our ability to quickly realize the benefits of our combined operation," Pfizer Chief Executive Jeff Kindler said in a statement. "Our results this quarter clearly demonstrate the ability of our colleagues to remain focused and deliver solid operational performance."
Pfizer expects their revenue to be anywhere in between $67 billion to $69 billion. Predictions of earnings, which will exclude one-time items, should range anywhere in between 95 cents to $1.10, or $2.10 to2.20.
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