Pfizer Tops Q1 Earnings Forecast on Covid Vaccine Sales, Cuts 2022 Profit Outlook

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By Martin Baccardax “We continue to supply the world with Comirnaty and we are on track to fulfill our commitment to deliver at least 2 billion doses to low- and middle-income countries,” said CEO Albert Bourla. Updated at 7:02 am EST Pfizer Inc. (PFE) – Get Pfizer Inc. Report posted stronger-than-expected first quarter earnings Tuesday, thanks to surging vaccine sales and a robust near-term outlook, but cut its full-year profit forecast amid changes in the way drugmakers account for milestone payments and acquisitions. Pfizer said adjusted earnings for the three months ending in March were pe…

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