Pfizer hits 52-week high on earnings beat and litigation settlement
+0.32% to $28.55 from $28.46
What moved PFE
- Pfizer stock touched a new 52-week high of $29.09 on Tuesday.
- The company posted adjusted earnings per share of $0.77, above the $0.68 analyst consensus, on revenue of $15.03 billion versus $14.42 billion expected.
- Pfizer reached a confidential settlement covering more than 6,000 federal lawsuits alleging its Depo-Provera contraceptive was linked to intracranial meningioma, removing a product-liability overhang.
- Pfizer raised its full-year 2026 adjusted EPS guidance to a range of $2.80 to $3.00.
Sources: The Cerbat Gem · MoneyCheck · Blockonomi