0933 ET - AbbVie reports 2Q results ahead of expectations, JPMorgan analysts say in a research note. The top-line beat was fairly broad based, with Both Skyrizi and Rinvoq modestly ahead of estimates. "On the call, we will be closely listening for any updated expectations on 1) uptake of Skyrizi/Rinvoq (and updated guidance for both) and 2) business development commentary," the analysts say. AbbVie is off 1% in early trading, after lowering its full-year adjusted earnings outlook to account for its acquisition of Apogee Therapeutics.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.