Pfizer expected to decline after disappointing sales of its anti-Covid products


(AOF) – Pfizer is expected to fall in pre-market on Wall Street after reducing its revenue forecasts for the whole year by 13% on Friday and announcing a savings plan of 3.5 billion dollars due to lower than expected sales of its anti-Covid-19 vaccine and treatment. Adjusted diluted earnings per share are expected between $1.45 and $1.65 for 2023 versus $3.25 to $3.45 initially forecast, for revenue expected between $58 and $61 billion versus $67 to $70 billion. initially planned.

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