The maker of Viagra and cholesterol fighter Lipitor says its revenue in the fourth quarter comes to $16.54 billion, That's half a billion above what analysts were expecting as the recession continues to reduce sales of even prescription medicines.
Pfizer says its net income amounts to $767 million, nearly triple what it earned a year earlier because of its $68 billion Wyeth acquisition. That's equal to earnings per share of 10 cents, or 49 cents after excluding one-time items.
Analysts polled by Thomson Reuters were expecting Pfizer to earn 50 cents per share.