AbbVie Reports Full-Year and Fourth-Quarter 2022 Financial Results

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AbbVie (ABBV) shares rise on earnings beat - prepared for loss of Humira exclusivity

February 9, 2023 10:00 AM EST

AbbVie (NYSE: ABBV) shares are up more than 3% in early Thursday trading after the company topped earnings estimates for the fourth quarter.

Earnings came in at $3.60 per share, $0.07 better than the analyst estimate of $3.53. However, the biotech firm missed the analyst consensus revenue forecast of $15.33 billion, coming in at $15.12 billion.

The company's results included an unfavorable impact of $0.13 per share related to the fourth-quarter 2022 acquired IPR&D and milestones expense.

The... More

AbbVie (ABBV) Tops Q4 EPS by 7c, Offers Guidance

February 9, 2023 7:46 AM EST

AbbVie (NYSE: ABBV) reported Q4 EPS of $3.60, $0.07 better than the analyst estimate of $3.53. Revenue for the quarter came in at $15.12 billion versus the consensus estimate of $15.33 billion.

These Results Include an Unfavorable Impact of $0.13 Per Share Related to Fourth-Quarter 2022 Acquired IPR&D and... More