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AbbVie cuts 2024 profit forecast
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AbbVie cuts 2024 profit forecast
Jul 3, 2024 11:37 AM

July 3 (Reuters) - AbbVie ( ABBV ) said on Wednesday it

has cut 2024 adjusted profit forecast as the drugmaker expects

to incur $937 million in charges related to acquisition-related

expenses.

The company now expects adjusted profit in the range of

$10.61 to $10.81 per share, compared with its previous forecast

of $11.13 and $11.33 per share.

(Reporting by Mariam Sunny in Bengaluru; Editing by Shinjini

Ganguli)

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