Pfizer cuts 2022 earnings outlook despite strong first-quarter Covid vaccine and antiviral sales

Pfizer cuts 2022 earnings outlook despite strong first-quarter Covid vaccine and antiviral sales

Source: 
CNBC
snippet: 
    • Pfizer now expects earnings per share of $6.25 to $6.45 per share for the year, down from its previous outlook of $6.35 to $6.55 per share
    • However, Pfizer beat on its top and bottom lines in its first-quarter earnings report, driven by strong sales of its Covid vaccine and oral antiviral treatment.