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