Sunday, October 31, 2010

Will Pfizer Suffer The Same Fate As Merck? (NYSE: PFE) (NYSE: MRK)

Pfizer prepares to report on Tuesday. Consensus says that earnings of $0.51 are expected on revenue of $16.69 billion. Merck, the other drug giant, earned $0.85 last Friday, but missed revenue estimates. The company made $11.12 billion in sales when analysts were expecting $11.24 billion. The company also lowered its guidance.

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