Pfizer Inc. (NYSE: PFE) is scheduled to release its third-quarter financial results before the markets open on Tuesday. The consensus estimates from Thomson Reuters are $0.62 in earnings per share (EPS) and $13.05 billion in revenue. The same period of last year reportedly had EPS of $0.60 and $12.09 billion in revenue.
In the quarter, the company announced that it will abandon its plan to split into two companies. This pharmaceutical giant ultimately determined that this was not the best course of action to maximize future shareholder value.
As the company previously indicated, the process for making a decision was guided by criteria that included evaluating the performance of...