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AbbVie cuts guidance despite strong Q2 results following $10.9B acquisition

Barrons.com +1 ·

ABBV Abbvie Inc
$257.41 -2.24%
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  1. 1AbbVie (ABBV) shares fell 3.46% in pre-market trading after the company raised its full-year guidance despite beating Q2 estimates
  2. 2Net revenue of $16.99B (+10.2%) and adjusted diluted EPS of $3.65 topped estimates of $16.78B and $3.60, respectively
  3. 3The $0.04 reduction to the midpoint of its 2026 EPS guidance reflects a $0.14 per-share dilution impact from the approximately $10.9B acquisition of Apos

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