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Wyeth Reports Earnings Results for the 2007 Third Quarter and First Nine Months
Date:10/18/2007

nd 2006 third quarter and first nine months.

The comparative results of operations - as adjusted are as follows:

(In thousands except per share amounts)

(UNAUDITED) - AS ADJUSTED

Three Months Ended Nine Months Ended

9/30/2007 9/30/2006 9/30/2007 9/30/2006

Net Revenue $5,619,536 $5,135,796 $16,636,272 $15,130,476

Cost of Goods Sold(3) 1,506,381 1,354,937 4,439,890 4,010,423

Selling, General and

Administrative

Expenses(3) 1,664,801 1,545,277 4,844,341 4,651,176

Research and Development

Expenses(3) 798,434 757,460 2,374,079 2,184,488

Interest Income, Net (39,622) (8,126) (73,440) (122)

Other Income, Net(1) (61,416) (39,488) (251,748) (205,539)

Income Before Income

Taxes 1,750,958 1,525,736 5,303,150 4,490,050

Provision for Income

Taxes(3) 519,053 384,271 1,552,120 1,112,709

Net Income(3) $1,231,905 $1,141,465 $3,751,030 $3,377,341

Basic Earnings Per

Share(2) $0.92 $0.85 $2.79 $2.51

Average Number of Common

Shares Outstanding During

Each Period - Basic 1,343,036 1,345,535 1,343,897 1,345,150

Diluted Earnings Per

Share(2) $0.90 $0.84 $2.74 $2.48

Average Number of Common

Shares Outstanding During

Each Period - Diluted 1,372,145 1,372,798 1,376,505 1,372,341

See Notes to Results of Operations and Results of Operations - As Adjusted.

Notes to Results of Operations and Results of Operations - As Adjusted

(1) Other income, net included royalty income for the 2007 third quart
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SOURCE Wyeth
Copyright©2007 PR Newswire.
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