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AbbVie: EPS down nearly 23% in Q4
(CercleFinance.com) - AbbVie reports adjusted EPS of $2.
16 for the final quarter of 2024, down almost 23% year-on-year, despite sales of $15.1 billion, up 5.6% on a reported basis. On an operational basis - i.e., excluding currency effects - revenues rose by 6.1%, driven in particular by double-digit growth in its oncology (+12.9%), neuroscience (+19.9%) and ophthalmology (+11.4%) portfolios. With adjusted EPS down 8.9% to $10.12 on revenues up 3.7% to over $56.3 billion for the full year, AbbVie has set a target range for 2025 of $12.12 to $12.32 for its adjusted EPS. Copyright (c) 2025 CercleFinance.com. All rights reserved. |
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