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AbbVie Q3 adjusted EPS $3.82 vs $1.86 year-ago, beats $3.74 estimate

AbbVie reported third-quarter adjusted earnings per share of $3.82, up from $1.86 a year earlier and ahead of the $3.74 market estimate. Net revenue for the quarter came in at $17.40 billion, up 10% year over year and above the $17.34 billion consensus. The company raised its full-year adjusted EPS guidance to $13.95-$13.99 from $13.76-$13.96, versus a $13.91 estimate.

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AI take

The headline beat is less telling than the guidance raise: lifting the full-year adjusted EPS floor by roughly twenty cents signals management sees the quarter's momentum as durable rather than a one-off. That matters for anyone tracking large-cap pharma earnings quality, since the year-ago comparison is flattered by a low base and the revenue beat itself was narrow. The open question is whether the raised range holds through the remaining quarter, or whether the thin top-line cushion leaves the guidance exposed to any softness.

Generated by AI for reference only.

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