2 2 correctly predicted forecasts
Send me real-time posts from this site at my email
Seeking Alpha

Abbvie Projects $3B Sales For HCV Cocktail, But Shares Fall 3%

Abbvie (NYSE:ABBV) reported Q4 earnings on Friday. The company earned revenue of $5.5 billion, exceeding analysts' expectations of $5.36 billion. However, the company also had a net loss of $810 million or $-0.51 per share caused by a $1.6 billion break up fee related to a failed Shire Plc acquisition. That compares to eps of $0.70 in Q4 2013. The stock fell 3% on the…