26.04.2024 13:45:40 - dpa-AFX: AbbVie Q1 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - AbbVie (ABBV) revealed earnings for its first quarter
that increased from last year and beat the Street estimates.

The company's earnings came in at $1.37 billion, or $0.77 per share. This
compares with $239 million, or $0.13 per share, in last year's first quarter.

Excluding items, AbbVie reported adjusted earnings of $4.12 billion or $2.31 per
share for the period.

Analysts on average had expected the company to earn $2.23 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 0.7% to $12.31 billion from $12.23
billion last year.

AbbVie earnings at a glance (GAAP) :

-Earnings (Q1): $1.37 Bln. vs. $239 Mln. last year.
-EPS (Q1): $0.77 vs. $0.13 last year.
-Revenue (Q1): $12.31 Bln vs. $12.23 Bln last year.

-Guidance:
Full year EPS guidance: $11.13 - $11.33


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
ABBVIE INC. DL-,01 A1J84E Xetra 150,660 16.05.24 14:46:28 +0,320 +0,21% 150,760 151,300 151,000 150,340

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