AbbVie (ABBV) released earnings for first quarter that Drops, from the same period last year
The company's bottom line came in at $695 million, or $0.39 per share. This compares with $1.28 billion, or $0.72 per share, last year.
Excluding items, AbbVie reported adjusted earnings of $4.71 billion or $2.65 per share for the period.
The company's revenue for the period rose 12.5% to $15.01 billion from $13.34 billion last year.
AbbVie earnings at a glance (GAAP) :
-Earnings: $695 Mln. vs. $1.28 Bln. last year.-EPS: $0.39 vs. $0.72 last year.-Revenue: $15.01 Bln vs. $13.34 Bln last year.
-Guidance:Full year EPS guidance: $ 14.08 To $ 14.28
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.