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Wyeth raises guidance after sound second quarter
27 July 2009
Sita Shah
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27 July 2009
Sita Shah
sita.shah@informa.com
Wyeth has raised its 2009 diluted EPS guidance from $3.33-3.53 to $3.48-3.58 after its second-quarter profits grew by 13% to $1.27 billion. Basic EPS stood at $0.95 compared with $0.83 in the same period in 2008.
The company's net earnings rose by 7% to $2.47 billion in the first half, with...
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