Investing.com - Pfizer (NYSE:PFE) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Pfizer announced earnings per share of $1.62 on revenue of $25.66B. Analysts polled by Investing.com anticipated EPS of $1.52 on revenue of $24.1B.
Pfizer shares are down 5% from the beginning of the year, still down 21.67% from its 52 week high of $61.71 set on December 20, 2021. They are outperforming the S&P 500 which is down 12.82% from the start of the year.
Pfizer follows other major Healthcare sector earnings this month
Pfizer's report follows an earnings beat by UnitedHealth on April 14, who reported EPS of $5.49 on revenue of $80.15B, compared to forecasts EPS of $5.36 on revenue of $78.73B.
J&J had beat expectations on April 19 with first quarter EPS of $2.67 on revenue of $23.43B, compared to forecast for EPS of $2.59 on revenue of $23.62B.
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