AbbVie Sees Stronger 2021 Profit
February 03 2021 - 8:29AM
Dow Jones News
By Matt Grossman
AbbVie Inc. Thursday estimated that its profit will grow in 2021
and offered adjusted-profit guidance that topped analysts'
expectations for the year.
The North Chicago, Ill.-based pharmaceutical company said it
expects a full-year profit of $6.69 a share to $6.89 a share. In
2020, its full-year profit was $2.72 a share.
On an adjusted basis, the company forecast earnings of $12.32 a
share to $12.52 a share for 2021. Analysts had been estimating
full-year adjusted earnings of $12.20 a share.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
February 03, 2021 08:14 ET (13:14 GMT)
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