CSIMarket
 
Abbvie Inc   (ABBV)
Other Ticker:  
 
    Sector  Healthcare    Industry Biotechnology & Drugs
   Industry Biotechnology & Drugs
   Sector  Healthcare
 



EARNINGS REPORT by CSIMarket

Despite Surge in Sales Profitability not Reached

Abbvie Inc announced second quarter 2020 operating surplus of $752 millions and cut it's earnings guidance

closeup_By_Jean-Etienne_Minh-Duy_Poirrier_from_Bruxelles_Belgium_[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_CommonsAbbvie Inc announced in the second quarter 2020 surge in Sales by 26.29 % to $10.43 billions from the same quarter a year ago, but it has slipped into loss at $-0.46 per share.

Sequentially eps fell from $2.02 per share and Sales improved by 20.95 % from $8.62 billions.
Abbvie Inc told that it's good performance came from several different businesses, HUMIRA +12.04%, Lupron +2.55%, Creon +8.78%, while following sections logged decrease in revenues Kaletra -34.38%, AndroGel -23.71%, Synthroid -6%, Other -16.22%, Synagis -14.68%, Sevoflurane -8.96%, Dyslipidemia products -31.75%.
For the second quarter 2020 Abbvie Inc logged net loss of $-739.000 million, instead of net income of $741.000 millions achieved in the same quarter a year before.Abbvie Inc cut it's annual earnings per share forecast by $ -0.84, now company expects eps from $3.26 to $3.46.


Abbvie Inc is expected to report next financial results on October 22, 2020.


    Recently Reported Results
161026-G-MI999-007o__[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Common Crona Corp

Break-even but Revenues Unchanged

Abbvie Inc announced in the second quarter 2020 surge in Sales by 26.29 % to $10.43 billions from the same quarter a year ago, but it has slipped into loss at $-0.46 per share.

CCCP stock quotes, charts, profile

Growth Rates, Profitability, PE

factory_night_long_exposure_industry_power_industrial_energy_global-589754 Industrial production

In July growth in industrial production slows

The output of the nation's factories, mines and utilities continues to grow but on the slower pace, mainly because of production of chemicals by -0.5 %.

Mining_By_Hoffmann_Mineral_GmbH_&_Co._KG__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Common Bunker Hill Mining Corp

Logged a Loss but Revenues Unchanged

In the fourth quarter Bunker Hill Mining Corp lost money of $-0.28 per share compared to $-0.57 a year ago and eps fell from $0.13 per share from the previous quarter.

Sales remained unchanged to $0.00 millions from $0.71 millions in the same quarter a year ago and sequentially from $0.00 millions.

LBSV stock quotes, charts, profile

Growth Rates, Profitability, PE

reception_By_Steve_Nagata_from_Tokyo,_Japan__[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Common Gushen Inc

Sales and Earnings Unchanged

In the first quarter Gushen Inc reached break-even of $0.00 per share compared to $0.00 a year ago and from $0.00 per share from the previous quarter.

Sales remained unchanged to $0.00 millions from $0.00 millions in the same quarter a year ago and sequentially from $0.00 millions.

GSHN stock quotes, charts, profile

Growth Rates, Profitability, PE

switch_inside_pd George Risk Industries Inc

Strong Eps Underlines Double Digits Sales Growth

For the first quarter earnings per share more than doubled by 150 % to $0.50 per share, followed by Sales increase of 14.1% to $4.05 millions, compared with the prior year period.

RSKIA stock quotes, charts, profile

Growth Rates, Profitability, PE

Warehouse_By Cayco_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Common Retail Inventories

U.S. retail inventories rise in July

The retail inventories growth rate accelerated compare to the slow down in previous month, due to growing inventories at the car dealars.

workout_By_Nnu-12-22100541Tracy_(Own_work)_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons Productivity


Shopping_in_By_Ramunasjurevicius_(Own_work)_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Common Personal Income and Spending

Wages up 0.4 % in June spending ebbs

Americans cut back on spending in June and used a hefty increase in wages to pad their savings accounts, government data showed.

tablet_By_Bin_im_Garten_(Own_work)_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons Great Elm Capital Group Inc

Great Elm Capital Group Inc announced fourth quarter operating profit of $2.82 millions

Great Elm Capital Group Inc announced earnings per share of $0.14 and Sales of $16.24 millions in the fourth quarter, Company's turn a round per share, versus $-0.03 eps, earned in the same quarter a year ago, although Great Elm Capital Group Inc saw it's Sales rise by 5.69% in the same period.

GEC stock quotes, charts, profile

Growth Rates, Profitability, PE

New_York_By_Benny_Wong__[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Common Force Protection Video Equipment Corp

Break-even, Topline Tumbles

In the first quarter Force Protection Video Equipment Corp reached break-even of $0.00 per share compared to $0.00 a year ago and from $-0.00 per share from the previous quarter.

Sales fell sharply to $0.00 millions from $0.03 millions in the same quarter a year ago and sequentially from $0.02 millions.

FPVD stock quotes, charts, profile

Growth Rates, Profitability, PE

New_York_By_Benny_Wong__[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Common Franklin Wireless Corp

Franklin Wireless Corp announced fourth quarter operating income of $4.792208 millions

Despite very strong Sales growth of 649.63% year on year to $37.39 millions in the fourth quarter, company faced earnings turn positive at $0.35.

FKWL stock quotes, charts, profile

Growth Rates, Profitability, PE

HK_CWB_World_Trade_Centre_office_lift_By_MARCO_LUOMEN_(Own-work)_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons Green Stream Holdings Inc

Logged a Loss but Revenues Unchanged

In the first quarter Green Stream Holdings Inc lost money of $-0.01 per share compared to $-0.07 a year ago and from $0.00 per share from the previous quarter.

Sales remained unchanged to $0.00 millions from $4.99 millions in the same quarter a year ago and sequentially from $0.00 millions.

EGOH stock quotes, charts, profile

Growth Rates, Profitability, PE

Hardware_Store2_pd Oak Street Health Inc

Oak Street Health Inc announced second quarter operating shortfall of $-24.418 millions

Oak Street Health Inc announced very strong Sales growth of 4197.9% year on year to $214.38 millions in the second quarter, but loss increased at $-72.53.

OSH stock quotes, charts, profile

Growth Rates, Profitability, PE

FEMA_demonstrates_safe_building_practices_in_Kansas_pd.jpg As ip Tech Inc

Break-even, Topline Tumbles

In the third quarter As Ip Tech Inc reached break-even of $0.00 per share compared to $0.00 a year ago and from $0.00 per share from the previous quarter.

Sales fell sharply to $0.00 millions from $0.01 millions in the same quarter a year ago and sequentially from $0.01 millions.

ASIQ stock quotes, charts, profile

Growth Rates, Profitability, PE



Other ABBV's Earnings Reports

Abbvie Inc reported first quarter 2020 earnings

Abbvie Inc reported fourth quarter 2019 earnings

Abbvie Inc reported third quarter 2019 earnings

       
Economy


Advance Monthly Sales

Consumer Price Index CPI

Producer Price Index PPI

Retail Inventories

Personal Income

Gross Domestic Product GDP

Money Supply

Industrial Production

Productivity

Employment Situation

US International Trade

Factory Orders

Durable Goods

Construction Spending

Housing Starts

Vehicle Unit Sales

Stocks


Event Calendar

RBCN's Profile

Stock Price

RBCN's Financials

Business Description

Fundamentals

Charts & Quotes

RBCN's News

Suppliers

RBCN's Competitors

Customers & Markets

Economic Indicators

RBCN's Growth

Company Segments

Screening


Stock Performance

Growth Rates

Profitability

Valuation

Dividend

Financial Strength

Efficiency

Largest Companies

Management Effectivness

Industries


At a Glance

Performance

Growth Rates

Profitability

Valuation

Financial Strength

Markets


At a Glance

Stocks

Indices

Sectors & Industries

Financials

Commodities

Currencies

News


At a Glance

Stocks

Economy

Industries

Other

Help


Sitemap

Advertise

About us

Glossary


Financial Terms

Technical Analysis

Fundamental Analysis

Energy Terms

Manufacturing Terms

Transportation Terms

Health Care

Insurance Terms

Economy Terms

Hotel & Leisure Terms

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.  Free Stock Market News Feeds
   Copyright © 2020 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

To view Intraday Stock Data Java must be installed. Java content may be prohibited by the security software, to see the stock quotes, choose "allow content from this page" option. Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
CSIMarket.com 1500 N. University Drive, Coral Springs, FL 33071