WASHINGTON (dpa-AFX) - While reporting financial results for the fourth quarter on Friday, biopharmaceutical company AbbVie, Inc. (ABBV) initiated its adjusted earnings guidance for the full-year 2025, in line with estimates.
For fiscal 2025, AbbVie now projects adjusted earnings in a range of $12.12 to $12.32 per share, which excludes any impact from acquired IPR&D and milestones that may be incurred during 2025.
On average, 27 analysts polled expect the company to report earnings of $12.13 per share for the year. Analysts' estimates typically exclude special items.
Looking ahead, the company reaffirmed is expectations for high single-digit compound annual revenue growth rate through 2029, with 2024 as the base year in the compound annual growth rate calculation.
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