NEW YORK (AP) — Pfizer is reporting second-quarter profit of $3.07 billion.
The New York company had profit of 51 cents per share. Earnings, adjusted for one-time gains and costs, came to 67 cents per share, beating Wall Street expectations by 2 cents, according to a survey by Zacks Investment Research.
Revenue of $12.9 billion was just shy of analyst projections for revenue of $13.02 billion.
Pfizer expects full-year earnings in the range of $2.54 to $2.60 per share, with revenue in the range of $52 billion to $54 billion.
Shares of Pfizer Inc. have increased 2 percent this year.
Keywords: Pfizer, Earnings Report, Priority Earnings