[ad_1]
AbbVie inventory slipped on Friday after the pharma big reported adjusted earnings of $3.66 per share on $14.81 billion in third-quarter gross sales.
X
On common, analysts polled by FactSet anticipated AbbVie (ABBV) to earn $3.57 per share on $14.96 billion in gross sales. The corporate famous “non permanent financial headwinds” hamstrung its aesthetics division, together with Botox face-filler and wrinkle-fighter Juvederm.
Within the year-earlier interval, AbbVie earned $2.83 per share on $14.34 billion in gross sales.
For the 12 months, AbbVie narrowed its earnings outlook to $13.84-$13.88 per share, however saved the identical midpoint. The corporate did not supply gross sales steerage. AbbVie inventory analysts forecasted adjusted revenue of $13.85 per share and $58.92 billion in gross sales.
In premarket buying and selling on at the moment’s inventory market, AbbVie inventory skidded 3.3%, buying and selling close to 148.40.
Extra to observe.
Observe Allison Gatlin on Twitter at @IBD_AGatlin.
YOU MAY ALSO LIKE:
Merck Surges Inside Purchase Zone As Two Key Merchandise Drive Its Bullish Report
Why Pandemic Darlings Teladoc, Align Diverged On Their Third-Quarter Experiences
Choices Buying and selling: How To Begin Utilizing Choices, How To Handle Threat
Observe Premarket And After-The-Open Motion With IBD Consultants
Shares To Purchase And Watch: High IPOs, Huge And Small Caps, Development Shares
Hey there, gaming enthusiasts! If you're on the hunt for the following popular trend in…
Understanding the Principles Before we get into the nitty-gritty, let's start with the basics. Precisely…
At its core, a vacuum pump is often a device that removes natural gas molecules…
For anyone in Newcastle-under-Lyme, getting around efficiently and comfortably often means relying on a taxi…
Before we get into the nitty-gritty of their benefits, let's first clarify what Modus Carts…
Delta 10 is often a cannabinoid found in trace volumes in the cannabis plant. It…