Wyeth raises guidance after sound second quarter
This article was originally published in Scrip
Executive Summary
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.