Pfizer Inc (PFE)

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Pfizer Inc. (PFE) reported fourth-quarter and full-year 2017 results before markets opened Tuesday. The pharmaceuticals giant posted quarterly adjusted diluted earnings per share (EPS) of $0.62 and revenues of $13.7 billion. In the same period a year ago, Pfizer reported EPS of $0.42 on revenues of $13.63 billion. Fourth-quarter results also compare to consensus estimates for EPS of $0.56 and $13.68 billion in revenues.
For the full year, Pfizer said it had revenues of $52.55 billion and adjusted EPS of $2.65, compared to revenues of $52.82 billion and $2.40 per share a year ago. Analysts were looking for revenues of $52.53 billion and EPS of $2.60.
The company reported a fourth-quarter and full-year benefit of $10.7 billion related to the new tax law. The benefit includes the negative $15 billion impact of the repatriation tax that the company plans to pay over the next eight years.