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AbbVie posts 10.3% revenue growth and doubles EPS in Q3, raises 2026 EPS forecast

Company Fundamentals
30 Oct 2026, 20:39 WIB
Seeking Alpha
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Bullish
AbbVie posts 10.3% revenue growth and doubles EPS in Q3, raises 2026 EPS forecast

AbbVie Inc. reported strong Q3 results with revenue up 10.3% year-over-year to $17.4 billion, beating analyst expectations. Non-GAAP earnings per share more than doubled, rising 105.4%. The company's IL-23 antagonist drug Skyrizi saw sales grow 22.7% year-over-year to $5.78 billion, driving growth. AbbVie also raised its full-year 2026 adjusted diluted EPS guidance, signaling confidence in continued performance. These results reinforce AbbVie's leadership in immune-mediated inflammatory diseases and support a positive outlook for investors.

AbbVie shares are trading at USD 295.19 with a 1.45% gain as of Oct 31, 2026 00:51 WIB on Pluang, reflecting strong investor interest. The stock shows a full buy order activity at Pluang, indicating confidence among retail investors. This momentum aligns with AbbVie's robust Q3 results and raised earnings guidance.

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