Earnings Outlook For AbbVie
Portfolio Pulse from Benzinga Insights
AbbVie (NYSE:ABBV) is set to release its quarterly earnings report on October 27, 2023. Analysts estimate an earnings per share (EPS) of $2.70. The company's past performance shows it beat EPS estimates last quarter, resulting in a 1.34% increase in share price. However, the stock has been down 1.8% over the last 52-week period.
October 26, 2023 | 2:01 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
AbbVie's upcoming earnings report could impact its stock price. The company beat EPS estimates last quarter, leading to a 1.34% increase in share price. However, the stock has been down 1.8% over the last 52-week period.
AbbVie's stock price could be influenced by its upcoming earnings report. If the company beats the estimated EPS, the stock price may increase, as it did last quarter. However, the overall downward trend of the stock over the past year may also influence investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100