AbbVie (ABBV) announced earnings for its third quarter that advanced from the same period last year.
The company's profit totaled $3.18 billion, or $1.78 per share. This compares with $2.31 billion, or $1.29 per share, in last year's third quarter.
Excluding items, AbbVie reported adjusted earnings of $5.95 billion or $3.33 per share for the period.
Analysts had expected the company to earn $3.22 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 11.2% to $14.34 billion from $12.90 billion last year.
AbbVie earnings at a glance:
-Earnings (Q3): $5.95 Bln. vs. $5.05 Bln. last year.-EPS (Q3): $3.33 vs. $2.83 last year.-Analysts Estimate: $3.22 -Revenue (Q3): $14.34 Bln vs. $12.90 Bln last year.
-Guidance:Full year EPS guidance: $12.63 to $12.67
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.