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ABBV AbbVie Inc

Q3'23 · Reported 2023-10-27

Headline Verdict

BEATby +3.1%

EPS $2.95 vs $2.86 estimated

Market Reaction:DIP-4.3%
DISCONNECT — Beat earnings but stock dropped

EPS & Revenue

Reported EPS

$2.95

Estimated EPS

$2.86

Surprise

+3.1%

Revenue

$13.9B

EPS YoY

-19.4%

Revenue YoY

-6.0%

Market Reaction

Day Of

-4.3%

Dip

Next Day

-2.3%

Dip

5-Day

-2.6%

Dip

Close Before

$145.20

Close After

$138.93

Streak & Context

Beat Streak

+2 Q

Beat / Miss

BEAT

Macro Environment

Fed Rate

5.33%

CPI

307.671

Unemployment

3.9%

10Y Treasury

4.8%

2Y Treasury

5.07%

ABBV Q3'23 Earnings | Market Memory