Can PFE sustain its earnings growth into Q4?

**Pfizer (PFE) is poised to sustain its earnings growth into Q4**, considering the following factors:

1. **Consistent Track Record of Earnings Surprises**: Pfizer has a history of exceeding earnings expectations, with a recent quarter delivering a 31.25% earnings surprise. This track record suggests a strong likelihood of continued earnings outperformance.
2. **Positive Analyst Forecasts**: Analysts are optimistic, with a potential for a 25.09% upside based on average price targets. Additionally, Pfizer's Earnings ESP (Expected Surprise Prediction) is positive, indicating a potential for further earnings beats.
3. **Revenue Growth and Profitability**: Pfizer's revenue grew by 21.91% YoY, and net income increased by 112.44% YoY. The company's adjusted EPS was $0.63, up from $0.10 in the same quarter last year. These figures underscore Pfizer's strong revenue growth and profitability.

|code|Ticker|Name|Date|Net Income YoY|Total Revenue YoY|Diluted EPS YoY|market_code|
|---|---|---|---|---|---|---|---|
|PFE|PFE.N|Pfizer|2024 Q1|-43.79049676025918|-19.51206318294926|-43.298969072164944|169|
|PFE|PFE.N|Pfizer|2024 Q2|-97.9469632164243|2.121934343046052|-97.5609756097561|169|
|PFE|PFE.N|Pfizer|2024 Q3|288.25757575757575|31.21340152694389|285.7142857142857|169|
|PFE|PFE.N|Pfizer|2024 Q4|112.43677476941387|21.914893617021278|111.66666666666667|169|

4. **Cost Optimization and Strategic Initiatives**: Pfizer has achieved significant net cost savings and anticipates additional savings in 2025. These cost optimization efforts are likely to contribute to improved profitability in the coming quarters.
5. **Pipeline and Future Growth Prospects**: Pfizer's expanding pipeline in oncology, obesity treatments, and vaccines positions the company for long-term growth. The company's focus on key therapeutic areas and manufacturing optimization program also support the potential for sustained earnings growth.
6. **Market Position and Competitive Strength**: Pfizer's strong market position and competitive strength in the pharmaceutical sector are likely to support continued earnings growth.

In conclusion, considering Pfizer's historical earnings performance, positive analyst forecasts, revenue growth, cost optimization efforts, and strategic pipeline developments, the company is well-positioned to sustain its earnings growth into Q4.