Gear Up for AbbVie (ABBV) Q1 Earnings: Wall Street Estimates for Key Metrics [Yahoo! Finance]
AbbVie Inc. (ABBV)
Last abbvie inc. earnings: 5/1 07:43 am
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US:NYSE Investor Relations:
investors.abbvie.com/investor-overview
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Source: Yahoo! Finance
Revenues are projected to reach $11.99 billion, declining 1.9% from the same quarter last year. Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock. While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding. In light of this perspective, let's dive into the average estimates of
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ABBV
Earnings
- 4/26/24 - Miss
ABBV
Sec Filings
- 5/3/24 - Form 10-Q
- 4/26/24 - Form 8-K
- 4/3/24 - Form 8-K
- ABBV's page on the SEC website