AbbVie, Inc's Earnings Made Easy

AbbVie, Inc  (NYSE: ABBV  ) reported earnings last week, with revenue up 5% year-over-year to $4.6 billion. Adjusted eps grew to $0.71, up 4% from last year and above management's previous guidance range.

Humira, the current best-selling drug in the world, generated $2.6 billion in sales this past quarter, up 18% in constant currencies. SG&A expenses grew to 29% of sales, driven in part by preparation for the potential launch of its interferon-free all-oral hepatitis C cocktail, which was recently submitted to the FDA for approval. Like Gilead  (NASDAQ: GILD  ) , AbbVie's management didn't include potential hepatitis C sales in revenue guidance for the rest of the year.

The hepatitis C fight is heating up, and in this video, Motley Fool health care analysts David Williamson and Michael Douglass discuss what AbbVie investors should be focusing on for the rest of the year.

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Michael Douglass

As the Motley Fool's Health Care Editor/Analyst, I focus on all things health care -- although my greatest interest is in the megatrends reshaping the American health care system, including the Affordable Care Act, Accountable Care Organizations, a shifting regulatory landscape, and the new drug discoveries fundamentally changing disease management and treatment.

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Related Tickers

8/28/2015 4:04 PM
ABBV $63.98 Down -0.53 -0.82%
AbbVie Inc. CAPS Rating: ****
GILD $107.78 Down -0.21 -0.19%
Gilead Sciences CAPS Rating: *****