AbbVie Beats Q1 Estimates, Downplays HCV ‘Price War’

By | April 25, 2014

Scalper1 News

Big pharma AbbVie (ABBV) beat Q1 estimates Friday and got the Street talking when the company’s executives implied that they won’t discount their new hepatitis C regimen. Their stock was up 1% in morning trading on the stock market today. AbbVie’s earnings rose 4% above the year-earlier quarter to 71 cents a share, beating analysts’ consensus by 3 cents. Sales rose 5% to $4.56 billion, about $30 million above estimates. The company did not raise Scalper1 News

Scalper1 News