AbbVie cuts 2024 profit forecast-February 2024-www.financetom.com

AbbVie cuts 2024 profit forecast

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AbbVie cuts 2024 profit forecast

Jan 6, 2025 1:37 PM

Jan 6 (Reuters) - AbbVie ( ABBV ) cut its 2024 adjusted

profit forecast on Monday as the drugmaker expects to incur $1.6

billion in acquisition-related expenses.

The company now expects adjusted profit in the range of

$10.02 to $10.06 per share, compared with its previous forecast

of $10.90 to $10.94 per share.

(Reporting by Puyaan Singh in Bengaluru; Editing by Devika

Syamnath)

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