Pfizer forecasts record-breaking earnings

[Hawk sauce]

The company predicts it will earn as much as $102 billion in 2022, half of it due to Covid-19 vaccine and treatment

US pharmaceutical company Pfizer has predicted that it will earn as much as $102 billion in revenue this year – the highest in the company's history – thanks to its Covid-19 vaccine, booster shots, and coronavirus treatment pill.

In an earnings release published on Tuesday, Pfizer estimated that it would earn between $98 billion and $102 billion in revenue this year. Pfizer expects to earn $32 billion in revenue from its Covid-19 vaccine alone, with another $22 billion of revenue from its Paxlovid antiviral Covid-19 pill.

“The midpoint of the guidance range for revenues represents 23% growth from 2021 revenues,” the company declared in the report.

Pfizer’s Covid-19 vaccine made the company nearly $37 billion in revenue in 2021, with the company earning a total of $81.3 billion – double the amount of revenue from 2020.

Following the release of the report, The Guardian branded Pfizer’s vaccine as “one of the most lucrative products in history.”

Pfizer CEO Dr Albert Bourla boasted on Tuesday that the company’s pandemic “successes” had “fundamentally changed Pfizer and its culture forever.”

In his own statement, Pfizer CFO Frank D’Amelio said he was “proud to see that the company is performing better than at any other time during my nearly 15 years here.”

D’Amelio noted that, if achieved, Pfizer’s 2022 expectations “would represent the highest level of annual revenues” ever in the company’s “long history.”

“I have never been more confident in the future of Pfizer,” he concluded.

Pfizer forecasts record-breaking earnings

Pfizer has estimated it will earn as much as $102 billion in 2022 revenue, its highest ever, due to its Covid-19 vaccine and pill

www.rt.com

 

[ihhawk]

Now this thread should be interesting.

 

[noleclone2]

Good for them. Glad they stepped up in a time of need.

 

[hawkeye54545]

I feel like my popcorn GIF would be appropriate here.

 

[Hawk_4shur]

Capitalism. Build a better mousetrap ....

 

[CO_hawk]

Great news.

 

[ihhawk]

I feel like my popcorn GIF would be appropriate here.

Just wait until the CEOs bonus is announced.

 

[runkpanole]

All those hospitalizations and deaths their vaccine prevented.

 

[markfromj]

All those hospitalizations and deaths their vaccine prevented.

JFC.

 

[Big Hawk D-Port]

Now this thread should be interesting.

Pfizer Quietly Adds Language Warning That 'Unfavorable Pre-Clinical, Clinical Or Safety Data' May Impact Business​

Zerohedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[kwik44]

That's great. Happy for upper management & shareholders, well deserved!

 

[pjhawk]

Now this thread should be interesting.

So what's the angle that you read at Breitbart or on the Twitter/Facebook or watched on Tucker last night that has you guys all excited and popcorn gifing and everything?

My guess is as usual, you're clueless.

 

[nolesincebirth]

Well, looks like their lobbying and marketing efforts paid off. They win again.

 

[ihhawk]

So what's the angle that you read at Breitbart or on the Twitter/Facebook or watched on Tucker last night that has you guys all excited and popcorn gifing and everything?

My guess is as usual, you're clueless.

Democrats have railed against BIG Pharma for years. Now you worship them.
Also, Record profits are typically hate speech to the left. Im sure your socialist leader sanders will make an announcement today

 

[Rudolph]

Maybe now more people will read a little about disaster capitalism. The Shock Doctrine is a good place to start.

 

[Hendy hawk]

Guess I'll be watching my stock a bit closer now.

 

[ping72]

Given the service they are providing, I have no problems with them having very high revenue.

It’s their profit that will piss me off.

 

[binsfeldcyhawk2]

Big PHARMA goes from the villain to the hero.....who would have predicted that a couple years ago?

 

[ihhawk]

Big PHARMA goes from the villain to the hero.....who would have predicted that a couple years ago?

Absolutely mind blowing. It’s the equivalent of them all of a sudden loving Exxon

 

[Warrior Poet31]

Maybe now more people will read a little about disaster capitalism. The Shock Doctrine is a good place to start.

Good book. Confessions of an Economic Hitman is also worth reading.

 

[binsfeldcyhawk2]

Absolutely mind blowing. It’s the equivalent of them all of a sudden loving Exxon

It'd be interesting to see what the profit margin is on the vaccines....production cost v what they charge.

 

[Flie]

Democrats have railed against BIG Pharma for years. Now you worship them.
Also, Record profits are typically hate speech to the left. Im sure your socialist leader sanders will make an announcement today

It's like looking at reality through a funhouse mirror.

 

[runkpanole]

JFC.

I knew I’d trigger some snowflakes.

 

[Flie]

Big PHARMA goes from the villain to the hero.....who would have predicted that a couple years ago?

People are happy that vaccines were produced and distributed. That doesn't mean "big pharma" is worshipped or forgiven for any past sins.

Did cons suddenly start hating big pharma and profits? It's the same logic.

 

[Warrior Poet31]

 

[Flie]

The trooth!

 

[IsaacHarrison]

So when they produced all their other life saving/changing drugs they were evil, but with this one they can make as much as they want. So if the government gives them all the money they are gods, but if it comes from the people they are evil.

 

[runkpanole]

So when they produced all their other life saving/changing drugs they were evil, but with this one they can make as much as they want. So if the government gives them all the money they are gods, but if it comes from the people they are evil.

The government didn’t give Pfizer money to produce the vaccine. Pharma has done plenty of shady shit (see insulin and epi as some of the most egregious examples), but this isn’t one of them.

 

[Warrior Poet31]

It'll be interesting to see peoples reactions if it comes out that the spike protein these manufacturers chose as the antigen has laid waste to millions (billions?) of peoples immune systems.

 

[binsfeldcyhawk2]

People are happy that vaccines were produced and distributed. That doesn't mean "big pharma" is worshipped or forgiven for any past sins.

Did cons suddenly start hating big pharma and profits? It's the same logic.

True...it's just an interesting dynamic.

Certainly glad they pumped out the vaccine....still would be interesting just how much profit they make per dose.

If they're making as much as I expect....the combination of profit and great PR is a windfall for them....

Might keep folks off their backs for a couple years...

 

[TheCainer]

Great earnings, but, will they end up paying anything in taxes?

 

[runkpanole]

It'll be interesting to see peoples reactions if it comes out that the spike protein these manufacturers chose as the antigen has laid waste to millions (billions?) of peoples immune systems.

And when do you suspect that will happen?

 

[IsaacHarrison]

The government didn’t give Pfizer money to produce the vaccine. Pharma has done plenty of shady shit (see insulin and epi as some of the most egregious examples), but this isn’t one of them.

I know...but who bought the vaccine?

 

[IsaacHarrison]

The government didn’t give Pfizer money to produce the vaccine. Pharma has done plenty of shady shit (see insulin and epi as some of the most egregious examples), but this isn’t one of them.

And...what would your thoughts be if they make more money on the vaccine then they did on insulin per dose?

 

[Warrior Poet31]

And when do you suspect that will happen?

IDK. If this forum is any indication the people will just rationalize it away and take their eleventy billionth booster shot.

 

[runkpanole]

And...what would your thoughts be if they make more money on the vaccine then they did on insulin per dose?

Well, I’d think it would be shady and the norm for a lot of Pharma companies. But, they aren’t making more and they are doing it with a vaccine that isn’t over 100 years old vs. a drug who had its patent sold for $1.

 

[runkpanole]

IDK. If this forum is any indication the people will just rationalize it away and take their eleventy billionth booster shot.

Do you even know it will happen?

 

[Warrior Poet31]

Do you even know it will happen?

It already is. I've linked immunologists/virologists talking about it. I've linked funeral home owners and insurance providers saying there's an uptick in deaths in the 18-49 age range. The information is out there if you go looking for it, just don't expect the MSM to spoon feed it to you.

 

[ping72]

It already is. I've linked immunologists/virologists talking about it. I've linked funeral home owners and insurance providers saying there's an uptick in deaths in the 18-49 age range. The information is out there if you go looking for it, just don't expect the MSM to spoon feed it to you.

You don’t sound crazy at all. I’m sure you contribute a lot to your community.

 

[jamesvanderwulf]

Given the service they are providing, I have no problems with them having very high revenue.

It’s their profit that will piss me off.

Private corporations aren’t in business to break even. That’s the goal of government, and they usually fail…