AGL 37.80 Decreased By ▼ -0.22 (-0.58%)
AIRLINK 207.51 Increased By ▲ 10.15 (5.14%)
BOP 9.67 Increased By ▲ 0.13 (1.36%)
CNERGY 6.03 Increased By ▲ 0.12 (2.03%)
DCL 8.93 Increased By ▲ 0.11 (1.25%)
DFML 36.58 Increased By ▲ 0.84 (2.35%)
DGKC 97.50 Increased By ▲ 0.64 (0.66%)
FCCL 35.75 Increased By ▲ 0.50 (1.42%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.43 Increased By ▲ 0.26 (1.97%)
HUBC 128.90 Increased By ▲ 1.35 (1.06%)
HUMNL 13.69 Increased By ▲ 0.19 (1.41%)
KEL 5.41 Increased By ▲ 0.09 (1.69%)
KOSM 7.05 Increased By ▲ 0.05 (0.71%)
MLCF 44.82 Increased By ▲ 0.12 (0.27%)
NBP 61.01 Decreased By ▼ -0.41 (-0.67%)
OGDC 217.90 Increased By ▲ 3.23 (1.5%)
PAEL 40.60 Increased By ▲ 1.81 (4.67%)
PIBTL 8.36 Increased By ▲ 0.11 (1.33%)
PPL 196.47 Increased By ▲ 3.39 (1.76%)
PRL 39.35 Increased By ▲ 0.69 (1.78%)
PTC 26.70 Increased By ▲ 0.90 (3.49%)
SEARL 105.40 Increased By ▲ 1.80 (1.74%)
TELE 8.42 Increased By ▲ 0.12 (1.45%)
TOMCL 35.75 Increased By ▲ 0.75 (2.14%)
TPLP 13.50 Increased By ▲ 0.20 (1.5%)
TREET 22.40 Increased By ▲ 0.24 (1.08%)
TRG 61.15 Increased By ▲ 5.56 (10%)
UNITY 33.00 Increased By ▲ 0.03 (0.09%)
WTL 1.68 Increased By ▲ 0.08 (5%)
BR100 11,893 Increased By 166.8 (1.42%)
BR30 37,003 Increased By 626.4 (1.72%)
KSE100 111,458 Increased By 1945.3 (1.78%)
KSE30 35,113 Increased By 599.4 (1.74%)
Business & Finance

Pfizer sees about $15bn in 2021 sales from COVID-19 vaccine

  • The company said it expects total 2021 revenue of between $59.4 billion and $61.4 billion.
  • The vaccine was among the first to be authorized for emergency use in the United States and several other countries, and analysts have forecast billions in sales.
Published February 2, 2021

Pfizer Inc on Tuesday forecast sales of about $15 billion from the coronavirus vaccine that it is making along with German partner BioNTech and raised its full-year profit forecast.

The company said it expects total 2021 revenue of between $59.4 billion and $61.4 billion.

The vaccine was among the first to be authorized for emergency use in the United States and several other countries, and analysts have forecast billions in sales.

In the fourth quarter, the vaccine brought in sales of $154 million, below expectations of $462 million, according to consensus estimates compiled by brokerage Mizuho.

The company now expects full-year adjusted earnings of $3.10 to $3.20 per share, up from its prior forecast of $3 to $3.10 per share.

Comments

Comments are closed.