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Stock impact report

AbbVie forecasts 2026 profit above estimates on strong sales of newer immunology drugs [Yahoo! Finance]

Evolus, Inc. (EOLS) 
Last evolus, inc. earnings: 2/25 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: us.evolis.com/investor-relations
Company Research Source: Yahoo! Finance
?demand for newer immunology drugs Skyrizi and Rinvoq and a smaller-than-expected ?decline in sales of its older medicine Humira. The drugmaker has been relying on Skyrizi and Rinvoq ?to counter a drop in Humira sales, which have been facing competition from cheaper biosimilars, or near copies of a biological drug. Humira was once the world's top-selling drug, with peak global sales of more than $21 billion in 2022 before ?it lost patent exclusivity in ?the U.S. Since then, the company has also spent more than $20 billion on acquisitions, and plans to spend another $10 billion over ?the next decade, including building four new manufacturing plants in the U.S. AbbVie expects adjusted annual profit per share of between $14.37 and $14.57, higher than analysts' average estimate of $14.24, according ?to data compiled by LSEG. It also posted better-than-expected fourth-quarter profit and revenue ?on Skyrizi and Rinvoq demand, and a surprise beat for Humira for the first time in near Show less Read more
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