AbbVie Reports Third-Quarter 2018 Financial Results

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Abbvie (ABBV) PT Lowered to $71 at BMO Capital

November 5, 2018 8:47 AM EST

BMO Capital analyst Alex Arfaei lowered the price target on Abbvie (NYSE: ABBV) to $71.00 (from $78.00) while maintaining a Underperform rating.

The analyst commented, "3Q18 was fine, but not great; particularly the Imbruvica beat. The market is ignoring management's long-term guidance, and signals of... More

AbbVie (ABBV) Tops Q3 EPS by 12c, Lifts FY EPS Guidance

November 2, 2018 7:48 AM EDT

AbbVie (NYSE: ABBV) reported Q3 EPS of $2.14, $0.12 better than the analyst estimate of $2.02. Revenue for the quarter came in at $8.24 billion versus the consensus estimate of $8.22 billion.

GUIDANCE:

AbbVie sees Q4 2018 EPS of $7.90-$7.92, versus the consensus of $7.88.

For earnings history and earnings-related data on AbbVie (ABBV) click here.

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