Pfizer raises 2026 guidance and confirms Guegan as CFO
Life Sciences
Tuesday, November 3, 2026
- Updated Nov 3, 2026 07:42
Pfizer reported third quarter revenue of 16.58 billion dollars and adjusted earnings of 0.87 dollars a share, both ahead of analyst expectations, and raised its full year 2026 revenue guidance to 62 billion to 64 billion dollars.
Why it matters: The raise rests on the non COVID portfolio, which grew 7 percent operationally in the quarter, evidence that the post pandemic rebuild is carrying the company even as Comirnaty and Paxlovid sales keep falling.
Data as of Pfizer third quarter 2026 results release of November 3, 2026, read in full in this run; all company figures from that release. Analyst expectations and the CFO succession detail as reported by CNBC, citing an LSEG survey. Developing item.
Pfizer reported third quarter revenue of 16.58 billion dollars, roughly flat from a year earlier, and adjusted earnings of 0.87 dollars a share, ahead of the 15.87 billion dollars of revenue and 0.73 dollars a share analysts surveyed by LSEG had expected. Reported net income was 3.24 billion dollars, or 0.56 dollars a share, down from 3.54 billion dollars, or 0.62 dollars a share, a year earlier, and the company raised full year 2026 revenue guidance to 62 billion to 64 billion dollars, from 60.5 billion to 62.5 billion, and adjusted earnings guidance to 2.95 to 3.05 dollars a share, from 2.80 to 3.00 dollars.
Excluding Comirnaty and Paxlovid, revenue grew 7 percent operationally, led by Eliquis, Padcev and the Vyndaqel family, while the COVID products fell sharply again. The results also confirm Cecile Guegan, a Pfizer finance executive of two decades who had served as interim chief financial officer since August, when Dave Denton left for the same role at Nike, as CFO on a permanent basis.
Sources
- Pfizer Reports Strong Third-Quarter 2026 Results And Raises 2026 Guidance - Pfizer Inc., via Business Wire - 2026-11-03
- Pfizer hikes full-year outlook, taps company veteran as new CFO - CNBC - 2026-11-03