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AbbVie Boosts FY19 Adj. EPS Outlook - Quick Facts

While reporting financial results for the second quarter, biopharmaceutical company AbbVie Inc. (ABBV) on Friday raised its adjusted earnings guidance for the full-year 2019.

For fiscal 2019, AbbVie now projects adjusted earnings in a range of $8.82 to $8.92 per share, up from the prior guidance range of $8.73 to $8.83 per share.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $8.82 per share for the year. Analysts' estimates typically exclude special items.

The company's 2019 adjusted earnings guidance excludes $3.13 per share of intangible asset amortization expense, non-cash charges for contingent consideration adjustments and other specified items.

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