AbbVie Q1 Income Rises

AbbVie (ABBV) released a profit for its first quarter that increased from the same period last year

The company's earnings totaled $4.49 billion, or $2.51 per share. This compares with $3.55 billion, or $1.99 per share, in last year's first quarter.

Excluding items, AbbVie reported adjusted earnings of $5.64 billion or $3.16 per share for the period.

The company's revenue for the quarter fell 2.0% to $13.54 billion from $13.81 billion last year.

AbbVie earnings at a glance (GAAP) :

-Earnings (Q1): $4.49 Bln. vs. $3.55 Bln. last year.
-EPS (Q1): $2.51 vs. $1.99 last year.
-Revenue (Q1): $13.54 Bln vs. $13.81 Bln last year.

Full year EPS guidance: Adj: $13.92 - $14.12

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