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Pfizer is one of the world's largest pharmaceutical firms, with annual sales close to $50 billion (excluding COVID-19 product sales). While it historically sold many types of healthcare products and chemicals, now prescription drugs and vaccines acco...


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The healthcare sector has gained momentum recently, with investors rushing to buy beaten-down stocks. The performance of major healthcare ETFs like XLV, VHT, IYH, and FHLC will depend on the upcoming earnings releases of big names like Pfizer, Merck, Amgen, AbbVie, Bristol Myers Squibb, and Eli Lilly.

Related tickers: PFE, MRK, AMGN, ABBV, BMY, CELGr, LLY, XLV, VHT, IYH, FHLC.

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Pfizer is expected to report Q2 2024 earnings on July 30, with consensus estimates of $13.22 billion in sales and $0.45 per share. While COVID-19 product sales are expected to decline, key non-COVID drugs like Prevnar, Vyndaqel, and Eliquis are likely to provide top-line support. The company's recent acquisitions and new product launches are also expected to contribute to the results.

Related tickers: PFE, BNTX, BMY, CELGr.

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