07:10 AM EDT, 07/30/2024 (MT Newswires) -- Pfizer ( PFE ) reported Q2 adjusted earnings Tuesday of $0.60 per diluted share, down from $0.67 a year earlier.

Analysts polled by Capital IQ expected $0.46.

Revenue for the quarter ended June 30 was $13.28 billion, compared with $13.01 billion a year earlier.

Analysts surveyed by Capital IQ expected $13.02 billion.

The company increased its 2024 adjusted diluted EPS guidance to $2.45 to $2.65 from $2.15 to $2.35 previously. Analysts surveyed by Capital IQ expect $2.37.

The company also raised revenue guidance for the year by $1 billion at the midpoint to a range of $59.5 billion to $62.5 billion from the prior outlook of $58.5 billion to $61.5 billion. Analysts polled by Capital IQ expect $60.58 billion.

Pfizer ( PFE ) shares were more than 2% up in recent premarket activity.

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