Posted on 12/05/2021 9:41:07 AM PST by SeekAndFind
New York (CNN Business): Pfizer reported that earnings and sales more than doubled in the past quarter, and it raised its outlook for results the full year, thanks greatly to its Covid-19 vaccine.
The company reported adjusted earnings of $7.7 billion, up 133% from a year earlier. Revenue soared to $24.1 billion, up 134%. Both easily cleared results forecast by analysts.
The vaccine business alone was responsible for more than 60% of the company's sales, as vaccine revenue rose to $14.6 billion from only $1.7 billion a year earlier. The company said its Covid vaccine sales accounted for $13 billion of that revenue. Revenue outside of its Covid vaccine business was up a far more modest 7%.
This year, the Covid vaccine has brought in revenue of $24.3 billion. And Pfizer said it expects a total of $36 billion from the vaccine for all of 2021 -- nearly $12 billion more in revenue the final quarter of the year. And it said based on contracts it now has signed it expects revenue $29 billion from the Covid vaccine in 2022. And that's not necessarily all it will bring in.
"We continue to engage with governments regarding potential additional orders for 2022," said the companu. The company said it now expects full-year 2021 revenue of between $81 billion to $82 billion, up $2 billion from its earlier guidance. It also raised its earnings per share outlook by about 3% to 5% above what it had been expected to earn.
"While we are proud of our financial performance, we are even more proud of what these financial results represent in terms of the positive impact we are having on human lives around the world," said CEO Albert Bourla in his prepared remarks for investors.
(Excerpt) Read more at cnn.com ...
just a hunch, I’d put money on it.
He was an honorable man.
And we thought only government could sell something that doesn’t work and continue to sell it
Let’s not forget the fact that they pretty much taken over the Federal drug administration
“Regulatory capture” has been a “thing” for at least a hundred years.
It is so easy even chimps can do it.
No wonder they don’t want ivermectin. No profit in that.
God this burns me up. Fauci minting new billionaires on our grandkid’s dime, while Ivermectin is all but banned.
Lamposts badly needed.
FOLLOW THE MONEY
Awww, poor baby.
And a huge part of our population clap like sealions “big pharma, yay!!!!!”
I’d LOVE to know exactly which of our wonderful politicians have invested in Pfizer and Moderna.
..and, it’s be nice to know exactly WHEN they got in too.
SeekAndFind wrote: “Do you have reliable figures (anti-vaxxers making milliohns) for this? A Source perhaps? Thanks.”
Google “america’s front line doctors profits”
Then google “children’s health defense fund”
Then google “Dr. Andrew Kaufman” “Dr. Thomas Cowan” “Sally Fallon Morell, MA”
Then google any anti-vaxxer your like.
or simply read this:
https://www.theguardian.com/world/2021/jul/17/covid-misinformation-conspiracy-theories-ccdh-report
And also, the Biden Cartel..
SeekAndFind wrote: “Edit to add... are natural therapeutics COMPULSORY and COERCED under the threat of losing your livelihood, your right to travel, to eat at a diner, etc. ?”
Why make them compulsory, they don’t work.
Did Pfizer pay China to do this, or did they go the cheap route and pay Fauci to make it happen?
Did 10% of the profits go to Biden and Fauci?
RE: Why make them compulsory, they don’t work.
Well, if they don’t work, the free market will quickly show that they don’t.
But the market is there.
Why not make the vaccines non-compulsory and see which ones are more effective?
I Googled and here’s what I found:
“AFLDS and SpeakWithAnMD have earned more than $6.7 million “for facilitating paid telehealth consultations and off-label prescriptions for the Coronavirus”
Given that Telehealth consultations are about $90, and there are scores of Frontline doctors doing this work, WITHOUT USING TAX PAYER DOLLARS, I would not call it profiteering at all.
It’s a reasonable fee for medical service.
The fact that they’re getting referals from people who are getting well WITHOUT COERCION ( Unlike the vaccines ) says a lot about how good their service is. And think about it... they’re doing this work in the face of government suppression, unlike Pfizer, which is getting its money from government COERCION.
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