AbbVie Shares Drop Amid Missed Sales Expectations for Key Drugs

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https://www.barrons.com/articles/abbvie-stock-earnings-guidance-humira-arthritis-51651240769


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In a quarterly earnings report out Friday, the drugmaker AbbVie cut its full-year earnings guidance, and a number of its key drugs missed Wall Street estimates.

The company’s first-quarter earnings were roughly in line with Wall Street expectations.

AbbVie (ticker: ABBV) reported adjusted diluted earnings of $3.16 per share, slightly beating…


William Murphy

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