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Curious about AbbVie (ABBV) Q3 Performance? Explore Wall Street Estimates for Key Metrics
ZACKS· 2024-10-25 14:20
In its upcoming report, AbbVie (ABBV) is predicted by Wall Street analysts to post quarterly earnings of $2.92 per share, reflecting a decline of 1% compared to the same period last year. Revenues are forecasted to be $14.28 billion, representing a year-over-year increase of 2.5%.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company reveals ...
Should AbbVie Stock Be in Your Portfolio Pre-Q3 Earnings?
ZACKS· 2024-10-25 14:20
AbbVie (ABBV) is set to report third-quarter earnings on Oct. 30, before the opening bell. The Zacks Consensus Estimate for sales and earnings is pegged at $14.28 billion and $2.93 per share, respectively.The company’s earnings estimates have declined from $10.87 per share to $10.86 for 2024 in the past 60 days. During the same timeframe, estimates for 2025 have increased from $12.09 to $12.10. Image Source: Zacks Investment ResearchStay up-to-date with all quarterly releases: See Zacks Earnings Calendar.AB ...
3 High-Yielding Dividend Stocks That Can Be Ideal Buys for Retirees
The Motley Fool· 2024-10-25 12:30
These stocks yield between 2.8% and 3.3% in dividends. Dividend stocks can be valuable investments for retirees who want a consistent stream of income flowing into their portfolio on a regular basis. And stocks that increase their payouts can be especially valuable, as the rising dividend income can help them offset the effects of inflation. In addition, stocks that don't have a high degree of volatility can also minimize the overall risk for retirees and other risk-averse investors. Three stocks that check ...
AbbVie (ABBV) Outperforms Broader Market: What You Need to Know
ZACKS· 2024-10-24 22:50
AbbVie (ABBV) ended the recent trading session at $189.65, demonstrating a +0.94% swing from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily gain of 0.22%. Meanwhile, the Dow lost 0.33%, and the Nasdaq, a tech-heavy index, added 0.76%.Shares of the drugmaker witnessed a loss of 1.77% over the previous month, beating the performance of the Medical sector with its loss of 3.79% and underperforming the S&P 500's gain of 1.47%.The investment community will be closely ...
AbbVie and Gedeon Richter Announce New Collaboration for the Discovery and Development of Novel Targets for Neuropsychiatric Conditions
Prnewswire· 2024-10-24 15:30
 Companies will discover and develop novel targets for the potential treatment of neuropsychiatric conditions New discovery program builds upon nearly two decades of partnership between AbbVie and Gedeon RichterNORTH CHICAGO, Ill. and BUDAPEST, Hungary, Oct. 24, 2024 /PRNewswire/ -- AbbVie (NYSE: ABBV) and Gedeon Richter Plc. ('Richter') today announced a new discovery, co-development and license agreement to advance novel targets for the potential treatment of neuropsychiatric conditions. This collaboratio ...
AbbVie: Expect A Beat-And-Raise Q3 2024
Seeking Alpha· 2024-10-23 15:38
I publish my best ideas and top coverage on the Growth Stock Forum . If you're interested in finding great growth stocks, with a focus on biotech, consider signing up. We focus on attractive risk/reward situations and track each of our portfolio and watchlist stocks closely. To receive e-mail notifications for my public articles and blogs, please click the follow button . And to go deeper, sign up for a free trial to Growth Stock Forum. AbbVie (NYSE: ABBV ) will report third-quarter results next week and I ...
Analysts Estimate AbbVie (ABBV) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2024-10-23 15:08
Wall Street expects a year-over-year decline in earnings on higher revenues when AbbVie (ABBV) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on October 30, 2024, might help the stock move higher if these key numbers are better than expec ...
AbbVie: Strong Dividends But Humira Disappoints
Seeking Alpha· 2024-10-22 11:48
I'm a full time value investor and writer who enjoys using classical value ratios to pick my portfolio. Long-term focused on low P/B, P/FCF, Owner Earnings discounting, PEG ratios, the Graham Number and an occasional net-net hunter. I also believe tracking earnings growth versus price appreciation is an essential element to any quality evaluation.I advocate self-indexing primarily using the Dow Jones Industrial Average as my index of choice combined with Joel Greenblatt's Magic Formula. This can help with t ...
BOTOX® Cosmetic (onabotulinumtoxinA) Receives FDA Approval for Moderate to Severe Vertical Bands Connecting the Jaw and Neck (Platysma Bands)
Prnewswire· 2024-10-18 23:44
The Only Product of Its Kind Approved for Use in Four Aesthetic Indications: Temporary Improvement in the Appearance of Moderate to Severe Forehead Lines, Frown Lines, Crow's Feet Lines, and Now Platysma Bands in Adults1-5With this Approval, BOTOX® Cosmetic is the First and Only Aesthetic Neurotoxin Product to Temporarily Improve the Appearance of Moderate to Severe Vertical Bands Connecting the Jaw and Neck (Platysma Bands) in Adults1-5IRVINE, Calif., Oct. 18, 2024 /PRNewswire/ -- Today, Allergan Aesthetic ...
AbbVie Secures FDA Approval for Parkinson's Disease Drug Vyalev
ZACKS· 2024-10-18 14:05
AbbVie (ABBV) announced that the FDA has approved its subcutaneous administered drug ABBV-951 to treat motor fluctuations in adult patients with advanced Parkinson's disease (PD). The drug will be marketed under the trade name Vyalev.Vyalev is a solution of carbidopa (CD) and levodopa (LD) prodrugs, which are the standard of care for PD patients. Prodrugs are medications that become active once they enter the body. The drug has been designed to offer continuous subcutaneous delivery of CD/LD prodrugs throug ...