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AbbVie reports third-quarter results beating expectations

Investing.com +2 · ·by G4L

ABBV Abbvie Inc
$291.31 +1.07%
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  1. 1AbbVie recorded adjusted earnings per share of $3.82 for the quarter, exceeding analysts' adjusted earnings per share expectations of $3.74.
  2. 2AbbVie achieved revenue of $17.4 billion for the quarter, marking a 10.3% increase in AbbVie revenue compared to the same period last year.
  3. 3AbbVie announced a 5.2% increase in quarterly dividends.

So what's the key point?

AbbVie earned more profit than experts expected and increased revenue to $17.4 billion. As profits grew, the company also decided to raise the dividends paid to shareholders.

Source Investing.com +2 · View original ↗

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