Pfizer beats earnings estimates, hikes full-year outlook as drugmaker cuts costs

Pfizer beats earnings estimates, hikes full-year outlook as drugmaker cuts costs

Kena Betancur | Corbis News | Getty Images Pfizer on Tuesday reported second-quarter revenue and adjusted earnings that blew past expectations and raised its full-year outlook, benefiting from its broad cost-cutting program, better-than-expected sales of its Covid antiviral pill, Paxlovid, and strong non- Covid product sales. The company now expects to book adjusted earnings of…

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